Direxion Daily FTSE China Bear 3X Shares Target of Unusually Large Options Trading (NYSEARCA:YANG)

Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) was the recipient of unusually large options trading activity on Monday. Stock investors bought 5,193 call options on the stock. This represents an increase of 47% compared to the average volume of 3,531 call options.

Institutional Investors Weigh In On Direxion Daily FTSE China Bear 3X Shares

Several large investors have recently made changes to their positions in YANG. Elequin Capital LP bought a new stake in Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $81,000. SBI Securities Co. Ltd. bought a new stake in Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $145,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the third quarter worth approximately $206,000. Headlands Technologies LLC acquired a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $218,000. Finally, Geller Advisors LLC acquired a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $444,000.

Direxion Daily FTSE China Bear 3X Shares Price Performance

NYSEARCA YANG traded down $1.97 on Monday, hitting $32.70. 4,115,769 shares of the company were exchanged, compared to its average volume of 2,855,621. The company’s 50 day moving average price is $54.93 and its 200-day moving average price is $758.59. Direxion Daily FTSE China Bear 3X Shares has a twelve month low of $32.37 and a twelve month high of $247.00.

About Direxion Daily FTSE China Bear 3X Shares

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.