GASX - Direxion Daily Natural Gas Related Bear 3X Shares

NYSEArca - Nasdaq Real Time Price. Currency in USD
16.00
0.00 (0.00%)
At close: 4:00PM EDT
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Previous Close13.37
Open14.71
Bid0.00 x 1200
Ask0.00 x 900
Day's Range14.59 - 16.00
52 Week Range2.45 - 137.47
Volume104,464
Avg. Volume724,940
Net Assets17.3M
NAV16.19
PE Ratio (TTM)N/A
Yield0.22%
YTD Daily Total Return-60.74%
Beta (5Y Monthly)-5.52
Expense Ratio (net)1.09%
Inception Date2015-12-03
  • PR Newswire

    Direxion Changes Objectives Of Ten Leveraged Funds To Address Extreme Market Conditions, While Also Closing Eight Funds Due to Limited Interest Since Launch

    Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While volatility will subside at some point, the ability to cost-effectively and efficiently access these markets may remain challenged for some time.

  • Direxion Announces Forward and Reverse Splits of Four ETFs
    PR Newswire

    Direxion Announces Forward and Reverse Splits of Four ETFs

    Direxion has announced it will execute forward share splits for two of its exchange-traded funds ("ETFs"), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.

  • Benzinga

    The Bears Have Energy, But How High Can Coronavirus Fuel These Inverse ETFs?

    Despite encouraging signs late in 2019 that the energy market might be swept up in the rally that pushed major indexes to new highs, the prices for oil and natural gas have spent the initial weeks of 2020 in a downward spiral to new 52-week lows. For starters, Direxion’s broad-based Daily Energy Bear 3X Shares (NYSE: ERY), which tracks the S&P Energy Select Sector Index (IXE), is higher in 2020 by more than 120%. Funny enough, ERY is the lowest-performing ETF of the three energy funds Direxion offers, the other two are up as much as 265% year-to-date, putting them well among the top-performing funds of the year so far.

  • Benzinga

    3 Leveraged ETFs For Sinking Energy Stocks

    Due in large part to the panicked selling caused by the spread of the novel coronavirus, also know as COVID-19, oil prices and energy equities are tumbling. For example, the United States Oil Fund (NYSE: ...

  • Inverse ETFs That Gained More Than 20% in January
    Zacks

    Inverse ETFs That Gained More Than 20% in January

    After scaling new highs to start the year on the initial U.S.-China trade deal, Wall Street is badly shaken by the fast-spreading coronavirus that has led to fears of a worldwide pandemic.

  • ETF Trends

    Natural Gas Low Consumption, High Production Keeps Prices Down

    Just ahead of 2020, natural gas traders were sending off bearish vibes to start the new year. "Tuesday’s session began with traders in a bearish mood due to lower prices at the majority of pricing hubs amid a projected drop in demand for the New Year’s Day holiday," an FX Empire report noted. “The overnight data was mixed as the Global Forecast System (GFS) held milder trends but did not lose any additional heating degree days (HDD)," NatGasWeather said.

  • ETF Trends

    Warmer Climate Could Leave Natural Gas Traders in the Cold

    Warmer-than-expected climate for the U.S. is certainly not what natural gas traders want to hear when it comes to future weather forecasts, which could leave them in the cold if they're erring on the bullish side of the trade. “It’s still chilly December 17-19 with above-normal HDDs, just not nearly as ominous.” Although the models are much closer than they had been, the GFS remained “a little chillier December 15-19,” the forecaster said.

  • ETF Trends

    Is There More Hurt Ahead for Natural Gas or Can It Heat Up?

    As the Christmas holiday starts getting into full swing, bullish natural gas traders are hoping that a winter wonderland, particularly of the extreme variety, can get nat gas prices moving higher or will there more hurt ahead? For the bears, the  Direxion Daily Natural Gas Related Bear 3X Shares (GASX)  should continue to appease the short side traders.

  • ETF Trends

    ETFs to Trade After U.S. Set New Natural Gas Records in 2018

    The U.S. Energy Information Administration (EIA) said the U.S. set new records last year when it came to producing, consuming and exporting natural gas. This should keep natural gas on the radars of leverage-hungry ...

  • ETF Trends

    Reversal of Fortune: The Best-Performing Inverse ETF Year to Date

    Thus far this year, it’s been traders shorting natural gas who have been the beneficiaries of this reversal of fortune. Per a FX Empire report, natural gas may be on the move ahead of winter season given the latest technical move. “Natural gas prices edged higher on Thursday bouncing near support at the 10-day moving average at 2.28,” the article noted.

  • 6 Best Leveraged Inverse ETFs of Past Week
    Zacks

    6 Best Leveraged Inverse ETFs of Past Week

    We have highlighted six leveraged inverse ETFs that are up more than 15% over the past week.

  • 5 Leveraged/Inverse ETFs That Gained Double Digits in August
    Zacks

    5 Leveraged/Inverse ETFs That Gained Double Digits in August

    Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.

  • 5 Leveraged/Inverse ETFs Up 25% Plus at Halfway Q3
    Zacks

    5 Leveraged/Inverse ETFs Up 25% Plus at Halfway Q3

    Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.

  • 6 Inverse ETFs That are Up More Than 30% in August So Far
    Zacks

    6 Inverse ETFs That are Up More Than 30% in August So Far

    Wall Street has been witnessing a tough ride this month due to U.S.-China trade conflicts, weak global economic data, low inflation and political unrest in Hong Kong.

  • 5 Leveraged/Inverse ETFs That Were Up More Than 10% in July
    Zacks

    5 Leveraged/Inverse ETFs That Were Up More Than 10% in July

    We have highlighted five leveraged/inverse products that have gained in double digits in the past month though these involve a great deal of risk when compared to traditional products.

  • 5 Leveraged Inverse ETFs That Soared More Than 40% in May
    Zacks

    5 Leveraged Inverse ETFs That Soared More Than 40% in May

    We have highlighted five leveraged inverse ETFs that gained more than 40% in May though these involve a great deal of risk when compared to traditional products.