Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTO) Stock Price Up 4.2% – Should You Buy?

Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTOGet Free Report) were up 4.2% during trading on Wednesday . The stock traded as high as $16.97 and last traded at $16.96. Approximately 8,428 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 7,824 shares. The stock had previously closed at $16.28.

Direxion Daily Travel & Vacation Bull 2X Shares Stock Performance

The firm has a market cap of $11.87 million, a PE ratio of 32.10 and a beta of 2.37. The stock has a 50-day simple moving average of $13.75 and a two-hundred day simple moving average of $14.07.

Direxion Daily Travel & Vacation Bull 2X Shares Company Profile

(Get Free Report)

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.

Further Reading

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