Direxion Daily CSI 300 China A Share Bull 2x Shares Target of Unusually High Options Trading (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) saw unusually large options trading activity on Tuesday. Stock traders acquired 7,822 call options on the stock. This is an increase of approximately 93% compared to the average volume of 4,051 call options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Trading Up 2.1 %

Shares of CHAU stock traded up $0.34 during mid-day trading on Tuesday, reaching $16.51. The stock had a trading volume of 877,284 shares, compared to its average volume of 576,792. The business’s fifty day moving average is $14.62 and its 200-day moving average is $14.05. The firm has a market cap of $72.64 million, a price-to-earnings 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.

About Direxion Daily CSI 300 China A Share Bull 2x Shares

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.