Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS – Get Free Report)’s stock price traded down 5.9% during mid-day trading on Tuesday . The stock traded as low as $6.82 and last traded at $6.90. 492,693 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 631,499 shares. The stock had previously closed at $7.33.
Daily Dow Jones Internet Bear 3X Shares Price Performance
The business has a 50 day moving average price of $6.61 and a 200 day moving average price of $9.21.
Institutional Investors Weigh In On Daily Dow Jones Internet Bear 3X Shares
A hedge fund recently raised its stake in Daily Dow Jones Internet Bear 3X Shares stock. Tower Research Capital LLC TRC raised its stake in Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS – Free Report) by 1,649.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,163 shares of the company’s stock after purchasing an additional 31,267 shares during the period. Tower Research Capital LLC TRC owned approximately 1.24% of Daily Dow Jones Internet Bear 3X Shares worth $471,000 as of its most recent SEC filing.
Daily Dow Jones Internet Bear 3X Shares Company Profile
The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.
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