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Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Gap Down to $31.15

Defense World ·  Jan 22, 2023 02:21

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Rating)'s share price gapped down before the market opened on Friday . The stock had previously closed at $31.15, but opened at $30.49. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $30.51, with a volume of 127,217 shares.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

The company's 50 day moving average price is $34.39 and its 200 day moving average price is $46.36.

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Hedge Funds Weigh In On Direxion Daily Semiconductors Bear 3x Shares

Hedge funds and other institutional investors have recently bought and sold shares of the business. Psagot Value Holdings Ltd. Israel bought a new position in Direxion Daily Semiconductors Bear 3x Shares in the third quarter valued at approximately $35,000. Piershale Financial Group Inc. acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter worth $38,000. Quantbot Technologies LP acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth $210,000. DRW Securities LLC acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth $258,000. Finally, SG Americas Securities LLC acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth $327,000.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

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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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