On June 23, Direxion Daily Semiconductor Bear 3X Shares (SOXS) rose 22.3% in regular trading, trading at $3.9719/share, with turnover of $1.209 billion.
Direxion Daily Semiconductor Bear 3X Shares is a leveraged inverse ETF. The fund invests at least 80% of its 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.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)