DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES Experiences Big Outflow
Nasdaq Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES (Symbol: SOXL) where we have detected an approximate $129.8 million dollar outflow -- that's a 1.8% decrease week over week (from 297,750,060 to 292,350,060). The chart below shows the one year price performance of SOXL, versus its 200 day moving average:
Looking at the chart above, SOXL's low point in its 52 week range is $6.21 per share, with $28.75 as the 52 week high point that compares with a last trade of $23.64. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average .
