BKLN, MUD: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Outflow Details: The Direxion Daily MU Bear 1X Shares ETF experienced the largest outflow, losing 75,000 units, which is a 37.5% decline in outstanding units compared to the previous week.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
Analyst Views on BKLN
Wall Street analysts forecast BKLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKLN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 20.880
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Current: 20.880
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
