Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) Stock Price Down 2%

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) shares were down 2% during mid-day trading on Friday . The stock traded as low as $62.02 and last traded at $62.57, approximately 5,511 shares changed hands during trading. A decline of 99% from the average daily volume of 825,136 shares. The stock had previously closed at $63.86.

The business’s 50 day moving average price is $28.02.

A hedge fund recently bought a new stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares stock. XR Securities LLC purchased a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,511 shares of the company’s stock, valued at approximately $170,000. XR Securities LLC owned 0.36% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares as of its most recent SEC filing.

Read More: Short Selling Stocks, A Beginner’s Guide

Receive News & Ratings for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.