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 unusually large options trading activity on Monday. Stock traders bought 138,598 call options on the company. This is an increase of approximately 2,328% compared to the typical volume of 5,708 call options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Stock Performance

CHAU traded down $0.03 during trading on Monday, reaching $15.45. The company had a trading volume of 1,684,325 shares, compared to its average volume of 619,679. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 12-month low of $11.30 and a 12-month high of $28.25. The firm’s 50-day simple moving average is $16.81 and its 200 day simple moving average is $14.41. The company has a market cap of $67.98 million, a price-to-earnings ratio of 9.69 and a beta of 0.99.

Institutional Investors Weigh In On Direxion Daily CSI 300 China A Share Bull 2x Shares

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

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.