Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Rating) was the target of unusually large options trading on Thursday. Traders bought 24,431 call options on the company. This represents an increase of 92% compared to the typical volume of 12,737 call options.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 8.5 %

Shares of SOXS opened at $31.15 on Friday. Direxion Daily Semiconductors Bear 3x Shares has a 52 week low of $26.73 and a 52 week high of $89.59. The stock has a 50 day moving average of $34.50 and a 200-day moving average of $46.85.

Institutional Trading of Direxion Daily Semiconductors Bear 3x Shares

Institutional investors have recently added to or reduced their stakes in the business. Psagot Value Holdings Ltd. Israel acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter valued at about $35,000. Piershale Financial Group Inc. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the 4th quarter worth approximately $38,000. Quantbot Technologies LP acquired a new position in Direxion Daily Semiconductors Bear 3x Shares during the 2nd quarter valued at approximately $210,000. DRW Securities LLC acquired a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter valued at approximately $258,000. Finally, SG Americas Securities LLC bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the second quarter valued at approximately $327,000.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.

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