Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Stock to Reverse Split on Monday, June 5th (NYSEARCA:EVAV)

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV – Get Rating) shares are going to reverse split on Monday, June 5th. The 1-10 reverse split was announced on Monday, June 5th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 5th.

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Stock Down 0.9 %

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares stock opened at $4.64 on Friday. Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares has a one year low of $4.29 and a one year high of $26.85. The business has a fifty day moving average price of $5.24 and a 200-day moving average price of $6.89.

Institutional Trading of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

An institutional investor recently raised its position in Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares stock. Credit Suisse AG lifted its stake in shares of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV – Get Rating) by 634.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,517 shares of the company’s stock after buying an additional 15,996 shares during the period. Credit Suisse AG owned approximately 5.29% of Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares worth $110,000 at the end of the most recent quarter.

About Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

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The Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks 2x the daily price movements of a liquidity-weighted index of US-listed electric and autonomous vehicles companies. EVAV was launched on Aug 11, 2022 and is managed by Direxion.