Direxion Daily Semiconductors Bear 3x Shares Sees Unusually High Options Volume (NYSEARCA:SOXS)

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXSGet Free Report) was the recipient of some unusual options trading activity on Thursday. Stock investors bought 85,978 call options on the company. This is an increase of 102% compared to the typical daily volume of 42,549 call options.

Direxion Daily Semiconductors Bear 3x Shares Stock Up 12.0 %

Direxion Daily Semiconductors Bear 3x Shares stock opened at $3.18 on Friday. Direxion Daily Semiconductors Bear 3x Shares has a 12-month low of $2.76 and a 12-month high of $23.98. The firm’s 50-day moving average is $4.92 and its two-hundred day moving average is $8.06.

Institutional Trading of Direxion Daily Semiconductors Bear 3x Shares

A number of hedge funds have recently made changes to their positions in SOXS. Goldman Sachs Group Inc. bought a new stake in Direxion Daily Semiconductors Bear 3x Shares in the first quarter valued at $2,185,000. UBS Group AG raised its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 218.3% during the second quarter. UBS Group AG now owns 26,118 shares of the company’s stock valued at $1,727,000 after purchasing an additional 17,912 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the second quarter valued at about $210,000. Advisor Group Holdings Inc. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at about $65,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at about $840,000.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

(Get Free Report)

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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