Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) was the recipient of unusually large options trading on Monday. Traders purchased 2,728 call options on the stock. This represents an increase of approximately 1,231% compared to the typical daily volume of 205 call options.

A number of hedge funds and other institutional investors have recently bought and sold shares of CWEB. Jane Street Group LLC raised its holdings in Direxion Daily CSI China Internet Index Bull 2x Shares by 815.1% during the 4th quarter. Jane Street Group LLC now owns 40,118 shares of the company’s stock worth $2,438,000 after buying an additional 35,734 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of Direxion Daily CSI China Internet Index Bull 2x Shares in the 1st quarter valued at about $28,000. Finally, HRT Financial LP increased its holdings in shares of Direxion Daily CSI China Internet Index Bull 2x Shares by 10.8% in the 1st quarter. HRT Financial LP now owns 25,664 shares of the company’s stock valued at $1,443,000 after purchasing an additional 2,499 shares during the period.

NYSEARCA CWEB opened at $22.97 on Tuesday. The business’s 50-day moving average is $42.23. Direxion Daily CSI China Internet Index Bull 2x Shares has a 1 year low of $22.82 and a 1 year high of $110.93.

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