|Bid||33.50 x 1400|
|Ask||33.51 x 1200|
|Day's Range||33.33 - 33.65|
|52 Week Range||32.40 - 56.75|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-4.22%|
|Beta (5Y Monthly)||-3.60|
|Expense Ratio (net)||1.11%|
Perhaps surprisingly, there has not been any unusual activity recently in the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA). TZA is designed to deliver triple the daily inverse returns of the Russell 2000 Index. Sure, some of those companies can get away with mounting debt with interest rates being low, but in an environment where investors are prizing quality traits, big piles of liabilities could keep some investors away from small caps.
Have small-cap stocks exhausted their record-breaking start to 2019? Use these three inverse small-cap ETFs play the return of the bear.
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...
Bouts of volatility and uncertainty have raised the appeal of leveraged and inverse leveraged ETFs in March for huge gains in a short span.
Small-cap stocks and exchange-traded funds surged to start 2019, but the widely followed Russell 2000 Index is lower by more than 4 percent over the past week. Such strategies include the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA), the premier inverse leveraged small-cap ETF. TZA is designed to deliver triple the daily inverse returns of the Russell 2000 Index.