On August 18, Direxion Daily MSCI South Korea Bull 3x Shares declined 15.38% in regular trading, trading at $20.4099/share, with turnover of $301 million.

On the news front, despite the Korean KOSPI index having rallied over 22% from its late-July low to enter a technical bull market, short-selling volumes continued to climb. Outstanding short positions in Korean equities reached approximately 19 trillion KRW, up roughly 14% from end of last month. Simultaneously, a sharp surge in Korean bond yields weighed heavily on market sentiment, ending the five-session winning streak with the KOSPI falling over 1%. Samsung Electronics reversed earlier gains to close down more than 2%.

Investors grew wary of the rapid short-term advance, while uncertainty persists over whether the chip cycle has peaked. Profit-taking pressure intensified as a result. As a triple-leveraged product, this ETF amplified the underlying market pullback.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI Korea 25/50 Index, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)