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

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the target of unusually large options trading on Friday. Stock traders acquired 12,049 put options on the company. This is an increase of 129% compared to the typical daily volume of 5,270 put options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Trading Down 2.3 %

Shares of NYSEARCA:CHAU opened at $15.64 on Friday. The firm has a market capitalization of $68.82 million, a PE ratio of 9.69 and a beta of 0.99. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 1-year low of $11.30 and a 1-year high of $28.25. The business’s 50 day moving average is $16.10 and its 200-day moving average is $14.39.

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.