Investors Purchase High Volume of Direxion Daily CSI 300 China A Share Bull 2x Shares Call Options (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the recipient of unusually large options trading activity on Friday. Stock traders bought 252,999 call options on the company. This is an increase of 2,445% compared to the typical volume of 9,941 call options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Trading Down 4.4 %

NYSEARCA CHAU opened at $12.92 on Friday. The stock has a market cap of $56.85 million, a PE ratio of 9.69 and a beta of 0.99. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 12 month low of $11.30 and a 12 month high of $28.25. The company’s 50-day moving average price is $15.30 and its 200-day moving average price is $14.56.

Institutional Trading of Direxion Daily CSI 300 China A Share Bull 2x Shares

A hedge fund recently bought a new stake in Direxion Daily CSI 300 China A Share Bull 2x Shares stock. Virtu Financial LLC bought a new stake in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 136,814 shares of the company’s stock, valued at approximately $2,508,000. Virtu Financial LLC owned approximately 3.11% of Direxion Daily CSI 300 China A Share Bull 2x Shares at the end of the most recent reporting period.

About Direxion Daily CSI 300 China A Share Bull 2x Shares

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.