Direxion Daily FTSE China Bull 3X Shares (YINN) Shares Gap Up to $22.09

Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) gapped up before the market opened on Wednesday . The stock had previously closed at $21.07, but opened at $22.09. Direxion Daily FTSE China Bull 3X Shares shares last traded at $22.70, with a volume of 2427378 shares trading hands.

A number of large investors have recently made changes to their positions in YINN. Virtu Financial LLC purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $548,000. Mainstay Capital Management LLC ADV purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $395,000. Credit Suisse AG purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the third quarter worth $443,000. XR Securities LLC purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $275,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $261,000.

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About Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% 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.

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