Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) Receives Average Rating from Canaccord Genuity

Canaccord Genuity reissued their average rating on shares of Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB) in a report released on Tuesday morning. Canaccord Genuity currently has a $26.00 target price on the stock.

Shares of CWEB stock opened at $25.90 on Tuesday. Direxion Daily CSI China Internet Index Bull 2x Shares has a 52-week low of $17.34 and a 52-week high of $67.00.

Several hedge funds and other institutional investors have recently made changes to their positions in CWEB. Citadel Advisors LLC bought a new stake in Direxion Daily CSI China Internet Index Bull 2x Shares in the 3rd quarter valued at $305,000. Traynor Capital Management Inc. bought a new stake in Direxion Daily CSI China Internet Index Bull 2x Shares in the 3rd quarter valued at $364,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily CSI China Internet Index Bull 2x Shares in the 3rd quarter valued at $376,000. Finally, Jane Street Group LLC lifted its position in Direxion Daily CSI China Internet Index Bull 2x Shares by 41.4% in the 3rd quarter. Jane Street Group LLC now owns 54,737 shares of the company’s stock valued at $1,742,000 after acquiring an additional 16,013 shares in the last quarter.

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