On July 27, Direxion Daily Semiconductors Bear 3x Shares rose 8.25% in regular trading, trading at $55.71/share, with turnover of $1.163 billion.
The fund invests at least 80% of net assets in financial instruments that, in combination, provide 3X daily inverse (opposite) or short exposure to the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
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