Rochester, NY 8/27/2009 9:16:40 PM
Direxion Daily Financial Bear 3X Shares FAZ Morning Stock Report up at 2.16%
Direxion Daily Financial Bear 3X Shares
Direxion Daily Financial Bear 3X Shares FAZ opened at 23.75 and currently gained 0.51 cents spiking 24.15 amounting volume 10,290,066 shares.
The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the Russell 1000 Financial Services Index The fund will invest at least 80% of assets in securities that comprise the index.
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Last Trade: 24.15
Day's Range: 23.64 - 24.25
52wk Range: 22.54 - 2,018.60
Change: Up 0.51 (2.16%)
Volume: 10,290,066
Avg Vol (3m): 38,265,100
About Direxion Daily Financial Bear 3X Shares
The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the Russell 1000 Financial Services Index The fund will invest at least 80% of assets in securities that comprise the index. It will also utilize financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The fund is nondiversified.
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