Investors Buy Large Volume of Call Options on Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the recipient of some unusual options trading on Monday. Stock traders acquired 138,598 call options on the stock. This is an increase of approximately 2,328% compared to the average volume of 5,708 call options.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares stock. Virtu Financial LLC acquired a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 136,814 shares of the company’s stock, valued at approximately $2,508,000. Virtu Financial LLC owned about 3.11% of Direxion Daily CSI 300 China A Share Bull 2x Shares as of its most recent SEC filing.

Direxion Daily CSI 300 China A Share Bull 2x Shares Stock Down 0.2 %

Shares of NYSEARCA:CHAU traded down $0.03 during mid-day trading on Monday, reaching $15.45. 1,684,325 shares of the stock were exchanged, compared to its average volume of 619,679. The company has a market cap of $67.98 million, a P/E ratio of 9.69 and a beta of 0.99. Direxion Daily CSI 300 China A Share Bull 2x Shares has a one year low of $11.30 and a one year high of $28.25. The stock’s 50 day simple moving average is $16.81 and its 200-day simple moving average is $14.41.

Direxion Daily CSI 300 China A Share Bull 2x Shares Company Profile

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.