Direxion Daily CSI 300 China A Share Bull 2x Shares Sees Unusually High Options Volume (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the recipient of unusually large options trading activity on Friday. Stock investors bought 252,999 call options on the company. This is an increase of approximately 2,445% compared to the typical daily volume of 9,941 call options.

Institutional Investors Weigh In On Direxion Daily CSI 300 China A Share Bull 2x Shares

An institutional investor recently bought a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares stock. Virtu Financial LLC bought a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 136,814 shares of the company’s stock, valued at approximately $2,508,000. Virtu Financial LLC owned 3.11% of Direxion Daily CSI 300 China A Share Bull 2x Shares as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily CSI 300 China A Share Bull 2x Shares Price Performance

Shares of Direxion Daily CSI 300 China A Share Bull 2x Shares stock opened at $12.92 on Friday. The firm has a 50 day simple moving average of $15.30 and a 200 day simple moving average of $14.57. Direxion Daily CSI 300 China A Share Bull 2x Shares has a fifty-two week low of $11.30 and a fifty-two week high of $28.25. The firm has a market cap of $56.85 million, a P/E ratio of 9.69 and a beta of 0.99.

Direxion Daily CSI 300 China A Share Bull 2x Shares Company Profile

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.