Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTO) Trading Down 0.4% – Time to Sell?

Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTOGet Free Report) fell 0.4% during mid-day trading on Thursday . The stock traded as low as $18.71 and last traded at $18.72. 12,969 shares traded hands during trading, an increase of 60% from the average session volume of 8,129 shares. The stock had previously closed at $18.79.

Direxion Daily Travel & Vacation Bull 2X Shares Price Performance

The company’s 50-day simple moving average is $15.26 and its 200-day simple moving average is $14.26. The stock has a market capitalization of $13.10 million, a P/E ratio of 32.10 and a beta of 2.37.

About Direxion Daily Travel & Vacation Bull 2X Shares

(Get Free Report)

The Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) is an exchange-traded fund that is based on the BlueStar Travel and Vacation index. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed travel and vacation companies. OOTO was launched on Jun 10, 2021 and is managed by Direxion.

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