IMC Chicago LLC Sells 304,099 Shares of Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

IMC Chicago LLC lowered its position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 95.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,182 shares of the company’s stock after selling 304,099 shares during the quarter. IMC Chicago LLC owned 0.08% of Direxion Daily FTSE China Bear 3X Shares worth $923,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in shares of Direxion Daily FTSE China Bear 3X Shares in the 3rd quarter worth approximately $3,767,000. TB Alternative Assets Ltd. bought a new stake in shares of Direxion Daily FTSE China Bear 3X Shares in the 3rd quarter worth approximately $866,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the 3rd quarter worth approximately $206,000.

Direxion Daily FTSE China Bear 3X Shares Stock Performance

Direxion Daily FTSE China Bear 3X Shares stock opened at $50.70 on Tuesday. Direxion Daily FTSE China Bear 3X Shares has a one year low of $47.80 and a one year high of $307.60. The business has a 50 day simple moving average of $68.88 and a 200 day simple moving average of $1,383.25.

Direxion Daily FTSE China Bear 3X Shares Profile

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.