NEW YORK (AVAFIN) -- Block trading activities for shares of Direxion Daily Financial Bear 3X Shares reveal that 23 block trades
were executed during the market session. Trade flow analysis shows that $4,658,419 worth of
shares were bought and $2,511,292 worth of shares were sold by institutional
investors. The positive cash flow $2,147,127 into the stock
shows that investors have bullish sentiment.
Institutional traders also took positions in options where a total of 16,111 contracts
was traded. The put/call ratio equaled 0.29 with 3,648 put and 12,463 call contracts
On the volume side, 5M shares were traded which is less
than the average volume. Direxion Daily Financial Bear 3X Shares is trading below the 50 day
moving average and lower than the 200 day moving average.
Shares of FAZ opened today at $17.05 and settled the day up $0.13 to $17.03
during the session. The day's trading range is between $16.93 and $17.47 respectively.
To date, the stock has lost -25.88% within the last quarter.