On Thursday, shares of the Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) fell below their 200-day moving average of $72.91, trading as low as $72.30. The ETF is down approximately 10.6% for the day.
DFEN’s current trading price of $72.23 is significantly lower than its 52-week high of $97.75, with a low of $53.67 during the same period.
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