Simplex Trading LLC Cuts Position in Direxion Daily S&P Biotech Bear 3x Shares (NYSEARCA:LABD)

Simplex Trading LLC trimmed its position in shares of Direxion Daily S&P Biotech Bear 3x Shares (NYSEARCA:LABD) by 46.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,884 shares of the company’s stock after selling 16,708 shares during the period. Simplex Trading LLC owned about 0.67% of Direxion Daily S&P Biotech Bear 3x Shares worth $478,000 at the end of the most recent reporting period.

Separately, XR Securities LLC purchased a new stake in shares of Direxion Daily S&P Biotech Bear 3x Shares during the third quarter worth approximately $225,000.

Shares of LABD stock traded up $0.11 during trading hours on Wednesday, reaching $22.82. 66,948 shares of the stock were exchanged, compared to its average volume of 3,370,037. The business’s fifty day moving average is $22.95 and its two-hundred day moving average is $21.12. Direxion Daily S&P Biotech Bear 3x Shares has a 12-month low of $16.42 and a 12-month high of $62.25.

The company also recently announced a — dividend, which was paid on Tuesday, October 1st. Investors of record on Wednesday, September 25th were paid a dividend of $0.0585 per share. The ex-dividend date was Tuesday, September 24th. This represents a dividend yield of 1.9%.

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Institutional Ownership by Quarter for Direxion Daily S&P Biotech Bear 3x Shares (NYSEARCA:LABD)

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