Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) Trading Down 2.1% – Time to Sell?

Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBLGet Free Report) fell 2.1% during trading on Wednesday . The stock traded as low as $26.59 and last traded at $26.80. 397,985 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 524,255 shares. The stock had previously closed at $27.38.

Daily Dow Jones Internet Bull 3X Shares Stock Up 0.6 %

The firm’s fifty day moving average price is $26.48 and its two-hundred day moving average price is $20.36. The stock has a market capitalization of $253.33 million, a PE ratio of 59.87 and a beta of 4.35.

Daily Dow Jones Internet Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.

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