Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Investors purchased 44,143 call options on the company. This represents an increase of approximately 617% compared to the average volume of 6,160 call options.
Direxion Daily MSCI South Korea Bull 3x Shares Trading Down 4.5%
Shares of KORU opened at $20.76 on Thursday. Direxion Daily MSCI South Korea Bull 3x Shares has a 12 month low of $3.72 and a 12 month high of $63.98. The firm’s 50 day moving average is $37.92 and its 200-day moving average is $26.85. The stock has a market capitalization of $1.55 billion, a PE ratio of 9.42 and a beta of 4.43.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares
A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter valued at $34,000. Hoey Investments Inc. acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 1st quarter worth $43,000. Tucker Asset Management LLC acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 4th quarter worth $47,000. Group One Trading LLC increased its position in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% in the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock worth $207,000 after purchasing an additional 1,855 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter worth $1,039,000.
About Direxion Daily MSCI South Korea Bull 3x Shares
The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.
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