NASDAQ:GGLS

Direxion Daily GOOGL Bear 1X Shares (GGLS) Price, Holdings, & News

$13.81
-1.57 (-10.21%)
(As of 04/26/2024 ET)
Today's Range
$13.56
$14.03
50-Day Range
$13.81
$18.29
52-Week Range
$13.56
$23.99
Volume
154,490 shs
Average Volume
42,147 shs
Market Capitalization
$2.07 million
Assets Under Management
$2.76 million
Dividend Yield
6.15%
Net Expense Ratio
0.97%

About Direxion Daily GOOGL Bear 1X Shares

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc. Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.

GGLS Stock Price History

GGLS ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily GOOGL Bear 1X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:GGLS
Inception Date
9/7/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Single Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
8

Fund Statistics

Assets Under Management
$2.76 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
3
Put Options
0
Call Options
3

Miscellaneous

Beta
1.89
Creation Unit
25,000
Creation Fee
$250.00
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Direxion Daily GOOGL Bear 1X Shares Expenses

TypeGGLSSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%1.00%0.54%0.48%0.51%
Other Expenses0.24%0.30%0.54%0.34%0.58%
Total Expense0.99%1.11%0.70%0.58%0.70%
Fee Waiver-0.02%-0.12%-0.55%-0.22%-0.57%
Net Expense0.97%1.05%0.60%0.54%0.58%

Direxion Daily GOOGL Bear 1X Shares (GGLS) Holdings

Top 6 GGLS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 58.13%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 29.63%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 18.17%
  • Google Class A Swap
    Holding Weight: -26.53%
  • Google Class A Swap
    Holding Weight: -29.63%
  • Google Class A Swap
    Holding Weight: -43.84%

GGLS ETF - Frequently Asked Questions

How have GGLS shares performed in 2024?

Direxion Daily GOOGL Bear 1X Shares' stock was trading at $17.22 on January 1st, 2024. Since then, GGLS shares have decreased by 19.8% and is now trading at $13.81.
View the best growth stocks for 2024 here
.

Are investors shorting Direxion Daily GOOGL Bear 1X Shares?

Direxion Daily GOOGL Bear 1X Shares saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,400 shares, an increase of 580.0% from the March 31st total of 500 shares. Based on an average daily trading volume, of 42,300 shares, the short-interest ratio is presently 0.1 days.
View Direxion Daily GOOGL Bear 1X Shares' Short Interest
.

How often does Direxion Daily GOOGL Bear 1X Shares pay dividends? What is the dividend yield for Direxion Daily GOOGL Bear 1X Shares?

Direxion Daily GOOGL Bear 1X Shares declared a quarterly dividend on Monday, March 18th. Investors of record on Wednesday, March 20th will be given a dividend of $0.079 per share on Tuesday, March 26th. This represents a $0.32 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Tuesday, March 19th.
Read our dividend analysis for GGLS
.

What does GGLS invest in?

Direxion Daily GOOGL Bear 1X Shares is a equity fund issued by Direxion. GGLS focuses on single stock investments. The fund's investments total to approximately $2.76 million assets under management.

What is the management fee for Direxion Daily GOOGL Bear 1X Shares?

Direxion Daily GOOGL Bear 1X Shares' management fee is 0.75% and has other expenses of 0.24%. However, GGLS has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for GGLS is 0.97%.

Who are Direxion Daily GOOGL Bear 1X Shares' major shareholders?

Direxion Daily GOOGL Bear 1X Shares' stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (12.00%).

How do I buy shares of Direxion Daily GOOGL Bear 1X Shares?

Shares of GGLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GGLS) was last updated on 4/28/2024 by MarketBeat.com Staff

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