NYSEARCA:DRIP - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
Get Started
$7.27 +0.65 (+9.82 %)
(As of 05/28/2018 06:00 AM ET)
Previous Close$7.27
Today's Range$7.13 - $7.65
52-Week Range$5.59 - $28.73
Volume10.28 million shs
Average Volume2.85 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.29%
BetaN/A

Receive DRIP News and Ratings via Email

Sign-up to receive the latest news and ratings for DRIP and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer Direxion
Fund NameDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:DRIP
Inception Date5/28/2015
Fund ManagerPaul Brigandi, Tony Ng
WebN/A
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkS&P Oil & Gas Exploration & Production Select Industry Index
CategorySector
FocusEnergy
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$27.88 million
Average Daily Volume$2.78 million
Discount/Premium-7.19%

ETF Expenses

Management Fee0.75%
Other Expenses0.45%
Total Expenses1.20%
Fee Waiver-0.13%
Net Expenses1.07%

Administrator, Advisor and Custodian

AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerSusquehanna

Geographic Exposure of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP)
Currency Exposure of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP)
Sector Exposure of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP)
Industry Exposure of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP)

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) Frequently Asked Questions

What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares' stock symbol?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DRIP."

How often does Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares pay dividends? What is the dividend yield for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares announced a special dividend on Tuesday, March 20th. Investors of record on Wednesday, March 21st will be paid a dividend of $0.0185 per share on Tuesday, March 27th. The ex-dividend date of this dividend is Tuesday, March 20th. View Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares' Dividend History.

Are investors shorting Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares saw a increase in short interest in April. As of April 30th, there was short interest totalling 1,861,464 shares, an increase of 48.3% from the April 13th total of 1,255,012 shares. Based on an average trading volume of 4,062,272 shares, the days-to-cover ratio is currently 0.5 days.

Has Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares been receiving favorable news coverage?

News articles about DRIP stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares earned a coverage optimism score of 0.18 on Accern's scale. They also assigned media stories about the company an impact score of 46.85 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares' major shareholders?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include SG Americas Securities LLC (6.04%), Flow Traders U.S. LLC (0.30%) and Cypress Capital Management LLC WY (0.29%). View Institutional Ownership Trends for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares.

Which major investors are buying Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares stock?

DRIP stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Flow Traders U.S. LLC and Cypress Capital Management LLC WY. View Insider Buying and Selling for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares.

How do I buy shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares?

Shares of DRIP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares' stock price today?

One share of DRIP stock can currently be purchased for approximately $7.27.


MarketBeat Community Rating for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (DRIP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  14 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  36
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares and other stocks. Vote "Outperform" if you believe DRIP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRIP will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Show:

Earnings

Dividends

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) Dividend Information

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares pays an annual dividend of $0.02 per share, with a dividend yield of 0.28%. DRIP's most recent special dividend payment was Tuesday, March 27.
Most Recent Dividend:3/27/2018
Annual Dividend:$0.02
Dividend Yield:0.28%
Payout Ratio(s):N/A
Dividend Payments by Quarter for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP)

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/20/2018special$0.01853/20/20183/21/20183/27/2018
(Data available from 1/1/2013 forward)

Insider Trades

Headlines

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA DRIP) News Headlines

Source:
DateHeadline
Short Interest in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (DRIP) Expands By 48.3%Short Interest in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (DRIP) Expands By 48.3%
www.americanbankingnews.com - May 17 at 1:50 AM
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares Declares Special Dividend of $0.02 (DRIP)Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares Declares Special Dividend of $0.02 (DRIP)
www.americanbankingnews.com - March 20 at 5:00 PM
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) Short Interest UpdateDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) Short Interest Update
www.americanbankingnews.com - February 14 at 1:22 AM
Is Natural Gas Pricing in Colder Weather?Is Natural Gas Pricing in Colder Weather?
finance.yahoo.com - January 25 at 9:14 AM
Leveraging up the Energy TradeLeveraging up the Energy Trade
finance.yahoo.com - December 23 at 7:58 AM
Geologists Discover That Melting Rocks May Help Form Mountains - ForbesGeologists Discover That Melting Rocks May Help Form Mountains - Forbes
www.forbes.com - December 1 at 12:49 PM
Scientific Breakthrough In The Theory Of Plate Tectonics: Lithospheric DripScientific Breakthrough In The Theory Of Plate Tectonics: Lithospheric Drip
www.msn.com - November 29 at 8:35 AM
Floridas Teacher Gap Is No Mystery - HuffPostFlorida's Teacher Gap Is No Mystery - HuffPost
www.huffingtonpost.com - November 21 at 11:15 PM
Elephants in the Room Loom Over DC: This Week in Washington - BloombergElephants in the Room Loom Over DC: This Week in Washington - Bloomberg
www.bloomberg.com - November 20 at 9:09 AM
Natural Gas Futures Spread: Analyzing Oversupply ConcernsNatural Gas Futures Spread: Analyzing Oversupply Concerns
finance.yahoo.com - November 20 at 9:09 AM
IAU, DRIP: Big ETF Inflows - NasdaqIAU, DRIP: Big ETF Inflows - Nasdaq
www.nasdaq.com - November 17 at 4:40 PM
The Atmos will whip up a cup of cold drip espresso and look good doing itThe Atmos will whip up a cup of cold drip espresso and look good doing it
finance.yahoo.com - November 16 at 1:35 PM
Senate Republicans Grapple With How To Answer The Roy Moore Question - HuffPostSenate Republicans Grapple With How To Answer The Roy Moore Question - HuffPost
www.huffingtonpost.com - November 14 at 4:41 AM
Global Drip Irrigation Systems Market 2017 Trends, Market Share, Industry Size, Growth, Analysis and Forecast to 2022Global Drip Irrigation Systems Market 2017 Trends, Market Share, Industry Size, Growth, Analysis and Forecast to 2022
www.marketwatch.com - November 13 at 6:38 PM
US Crude Oil Exports: Will They Affect OPEC’s Production Cut Deal?US Crude Oil Exports: Will They Affect OPEC’s Production Cut Deal?
finance.yahoo.com - November 9 at 1:16 AM
2017 CFO of the Year: Jason Heath, Leadpages - Minneapolis / St. Paul Business Journal2017 CFO of the Year: Jason Heath, Leadpages - Minneapolis / St. Paul Business Journal
www.bizjournals.com - November 7 at 12:28 AM
Eagle Capital Growth Fund Declares Year-End Distribution of $0.51 Per Share - Business Wire (press release)Eagle Capital Growth Fund Declares Year-End Distribution of $0.51 Per Share - Business Wire (press release)
www.businesswire.com - November 7 at 12:28 AM

SEC Filings

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA:DRIP) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Financials are not available for this stock.

Chart

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares (NYSEARCA DRIP) Stock Chart for Monday, May, 28, 2018

Loading chart…

This page was last updated on 5/28/2018 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.