Significant Outflow Hits Direxion Daily META Bull 2X ETF

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The Direxion Daily META Bull 2X ETF (Symbol: METU) experienced a significant $118.3 million outflow, equating to a 19.6% decrease in shares outstanding, from 22,825,001 to 18,350,001, during the past week. This decline highlights notable investor movement within the ETF market.

Over the past year, METU has seen a low of $16.85 and a high of $49.75 per share, with the latest trade reported at $26.48. The 200-day moving average provides additional context for market analysis.

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