Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Gap Down to $43.45

Posted by Oscar Bower on Aug 2nd, 2024

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $43.45, but opened at $38.62. Direxion Daily Small Cap Bull 3X Shares shares last traded at $39.36, with a volume of 4,676,981 shares.

Direxion Daily Small Cap Bull 3X Shares Stock Down 11.0 %

The firm has a market capitalization of $2.41 billion, a PE ratio of 13.84 and a beta of 3.74. The firm’s fifty day simple moving average is $39.50 and its 200-day simple moving average is $38.29.

Hedge Funds Weigh In On Direxion Daily Small Cap Bull 3X Shares

A number of hedge funds have recently modified their holdings of TNA. TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the first quarter worth $20,426,000. Gainplan LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth $9,192,000. IMC Chicago LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,221.5% during the second quarter. IMC Chicago LLC now owns 246,514 shares of the exchange traded fund’s stock worth $9,040,000 after acquiring an additional 227,860 shares during the last quarter. Flow Traders U.S. LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,239.4% during the first quarter. Flow Traders U.S. LLC now owns 206,126 shares of the exchange traded fund’s stock worth $8,847,000 after acquiring an additional 190,736 shares during the last quarter. Finally, Elevatus Welath Management bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth $7,163,000.

Direxion Daily Small Cap Bull 3X Shares Company Profile

(Get Free Report)

Direxion Daily Small Cap Bull 3X Shares (the Fund), formerly Direxion Small Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe, and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index.