Direxion Daily South Korea Bull 3X Shares Price & Performance (KORU)

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) ETF maintains consistent short borrow fee rates, with the latest rate at 1.24% as of March 24. Despite recent semiconductor sector challenges, the ETF's borrowing cost has remained stable, reflecting steady demand for short positions in the fund.1

The Direxion Daily MSCI South Korea Bull 3X ETF (KORU) exhibited a 0.785% gain on March 21, closing at $44.93. While short-term indicators suggest potential growth, falling trading volumes and resistance near $45.11 raise caution. Analysts recommend watching for support levels around $42.38 to assess risk.2

South Korean retail investors, heavily invested in leveraged Tesla products, face significant losses as Tesla's stock has dropped 44% from its peak. Despite setbacks, their interest in high-risk investments remains strong, reflecting a cultural preference for speculative financial strategies.3