Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) Shares Down 2%

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) shares fell 2% during trading on Friday . The stock traded as low as $62.02 and last traded at $62.57, 5,511 shares traded hands during mid-day trading. A decline of 99% from the average session volume of 825,136 shares. The stock had previously closed at $63.86.

The firm has a fifty day moving average of $28.02.

An institutional investor recently bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares stock. XR Securities LLC bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 17,511 shares of the company’s stock, valued at approximately $170,000. XR Securities LLC owned approximately 0.36% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares at the end of the most recent reporting period.

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