Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) Trading Up 1.8%

Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB)’s share price were up 1.8% on Friday . The stock traded as high as $24.35 and last traded at $24.35, approximately 8,600 shares were traded during trading. A decline of 89% from the average daily volume of 80,480 shares. The stock had previously closed at $23.91.

The company’s 50 day simple moving average is $23.80 and its two-hundred day simple moving average is $22.86.

A hedge fund recently bought a new stake in Direxion Daily CSI China Internet Index Bull 2x Shares stock. XR Securities LLC acquired a new position in shares of Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,313 shares of the company’s stock, valued at approximately $706,000. XR Securities LLC owned about 1.46% of Direxion Daily CSI China Internet Index Bull 2x Shares at the end of the most recent quarter.

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