Direxion Daily Natural Gas Related Bull 3X Shares (NYSEARCA:GASL) Shares Up 11.1%

Direxion Daily Natural Gas Related Bull 3X Shares (NYSEARCA:GASL)’s stock price shot up 11.1% during mid-day trading on Wednesday . The stock traded as high as $6.23 and last traded at $6.12, 2,897,102 shares were traded during trading. An increase of 307% from the average session volume of 711,631 shares. The stock had previously closed at $5.51.

The firm has a 50-day simple moving average of $6.95 and a 200-day simple moving average of $9.24.

Several large investors have recently bought and sold shares of GASL. Citadel Advisors LLC lifted its position in shares of Direxion Daily Natural Gas Related Bull 3X Shares by 52.3% during the second quarter. Citadel Advisors LLC now owns 19,038 shares of the company’s stock worth $415,000 after acquiring an additional 6,538 shares in the last quarter. Simplex Trading LLC lifted its position in shares of Direxion Daily Natural Gas Related Bull 3X Shares by 126.7% during the third quarter. Simplex Trading LLC now owns 7,754 shares of the company’s stock worth $70,000 after acquiring an additional 4,334 shares in the last quarter. Finally, U S Global Investors Inc. purchased a new stake in shares of Direxion Daily Natural Gas Related Bull 3X Shares during the second quarter worth $31,000.

Direxion Daily Natural Gas Related Bull 3X Shares Company Profile (NYSEARCA:GASL)

Direxion Daily Natural Gas Related Bull 3X Shares seeks daily investment results of 300% of the performance of the ISE Revere Natural Gas Index (the Index). The ISE-REVERE Natural Gas Index has been created to provide investors with a product allowing them to quickly take advantage of both event-driven news and long term trends in the natural gas industry.

Further Reading: Return on Equity (ROE)

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