Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTO) Trading Down 1%

Shares of Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTO) were down 1% during mid-day trading on Friday . The company traded as low as $14.11 and last traded at $14.17. Approximately 5,551 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 8,964 shares. The stock had previously closed at $14.31.

Direxion Daily Travel & Vacation Bull 2X Shares Stock Down 1.0 %

The stock has a market capitalization of $10.63 million, a price-to-earnings ratio of 33.36 and a beta of 2.09. The business has a 50-day simple moving average of $15.31 and a two-hundred day simple moving average of $13.47.

Institutional Investors Weigh In On Direxion Daily Travel & Vacation Bull 2X Shares

Institutional investors have recently added to or reduced their stakes in the company. UBS Group AG lifted its position in shares of Direxion Daily Travel & Vacation Bull 2X Shares by 247.3% during the 4th quarter. UBS Group AG now owns 3,695 shares of the company’s stock valued at $36,000 after acquiring an additional 2,631 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Direxion Daily Travel & Vacation Bull 2X Shares by 95.1% during the 2nd quarter. Jane Street Group LLC now owns 61,004 shares of the company’s stock valued at $543,000 after acquiring an additional 29,730 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of Direxion Daily Travel & Vacation Bull 2X Shares by 187.7% during the 4th quarter. Susquehanna International Group LLP now owns 62,371 shares of the company’s stock valued at $612,000 after acquiring an additional 40,693 shares during the last quarter.

Direxion Daily Travel & Vacation Bull 2X Shares Company Profile

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.