Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) Trading Up 0.3% – Here’s Why

Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL)’s share price were up 0.3% during mid-day trading on Wednesday . The company traded as high as $106.88 and last traded at $104.35. 12,396 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 22,115 shares. The stock had previously closed at $104.07.

Direxion Daily Industrials Bull 3X Shares Price Performance

The firm has a market capitalization of $62.61 million, a PE ratio of 26.16 and a beta of 2.98. The company’s fifty day simple moving average is $95.43 and its 200 day simple moving average is $89.01.

Institutional Trading of Direxion Daily Industrials Bull 3X Shares

An institutional investor recently raised its stake in Direxion Daily Industrials Bull 3X Shares stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) by 23.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,100 shares of the company’s stock after buying an additional 400 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.38% of Direxion Daily Industrials Bull 3X Shares worth $143,000 at the end of the most recent quarter.

About Direxion Daily Industrials Bull 3X Shares

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.