Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 12,700 shares, a decrease of 66.6% from the September 30th total of 38,000 shares. Based on an average daily trading volume, of 41,000 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Trading of Direxion Daily GOOGL Bear 1X Shares
A hedge fund recently bought a new stake in Direxion Daily GOOGL Bear 1X Shares stock. IMC Chicago LLC purchased a new stake in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,995 shares of the company’s stock, valued at approximately $477,000. IMC Chicago LLC owned approximately 12.00% of Direxion Daily GOOGL Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).
Direxion Daily GOOGL Bear 1X Shares Trading Down 1.5 %
NASDAQ:GGLS traded down $0.22 during mid-day trading on Friday, hitting $14.22. The stock had a trading volume of 44,825 shares, compared to its average volume of 36,339. Direxion Daily GOOGL Bear 1X Shares has a 52 week low of $12.30 and a 52 week high of $20.07. The company has a 50 day simple moving average of $14.54 and a 200-day simple moving average of $14.10.
Direxion Daily GOOGL Bear 1X Shares Cuts Dividend
Direxion Daily GOOGL Bear 1X Shares Company Profile
The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.
Read More
- Five stocks we like better than Direxion Daily GOOGL Bear 1X Shares
- How to Invest in the Best Canadian StocksĀ
- Texas Roadhouse Stock Steering for New Highs This Year
- Buy P&G Now, Before It Sets A New All-Time High
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- The How and Why of Investing in Gold Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Direxion Daily GOOGL Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily GOOGL Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.