Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) Trading Up 5.6%

Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) were up 5.6% during mid-day trading on Monday . The stock traded as high as $35.23 and last traded at $35.11, approximately 5,288 shares changed hands during trading. A decline of 95% from the average daily volume of 98,986 shares. The stock had previously closed at $33.25.

The company has a fifty day simple moving average of $27.77 and a 200-day simple moving average of $24.01.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.0959 per share. This represents a $0.38 annualized dividend and a yield of 1.09%. The ex-dividend date was Monday, December 23rd. This is an increase from Direxion Daily CSI China Internet Index Bull 2x Shares’s previous quarterly dividend of $0.01.

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 the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,313 shares of the company’s stock, valued at approximately $706,000. XR Securities LLC owned 1.46% of Direxion Daily CSI China Internet Index Bull 2x Shares at the end of the most recent quarter.

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