Direxion Daily Cloud Computing Bull 2x (NYSEARCA:CLDL) Stock Price Up 2.2% – What’s Next?

Direxion Daily Cloud Computing Bull 2x (NYSEARCA:CLDLGet Free Report) shot up 2.2% during trading on Thursday . The stock traded as high as $11.39 and last traded at $11.24. 7,717 shares traded hands during trading, a decline of 53% from the average session volume of 16,551 shares. The stock had previously closed at $11.00.

Direxion Daily Cloud Computing Bull 2x Stock Up 2.2 %

The company has a 50-day moving average price of $10.02 and a two-hundred day moving average price of $9.61. The stock has a market capitalization of $5.62 million, a P/E ratio of 57.28 and a beta of 2.95.

Direxion Daily Cloud Computing Bull 2x Company Profile

(Get Free Report)

The Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is an exchange-traded fund that is based on the Indxx USA Cloud Computing index. The fund provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry. CLDL was launched on Jan 8, 2021 and is managed by Direxion.

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