NYSEARCA:FAZDirexion Daily Financial Bear 3X Shares Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Direxion Daily Financial Bear 3X Shares Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.37 -0.35 (-2.09 %) (As of 06/5/2020 04:00 PM ET) Add Share Today's Range$16.35Now: $16.37▼$17.2050-Day Range$16.37MA: $24.75▼$30.6652-Week Range$14.00Now: $16.37▼$77.64Volume5.76 million shsAverage Volume3.53 million shsMarket Capitalization$319.59 millionP/E RatioN/ADividend Yield2.19%BetaN/A ProfileAdvanced ChartDividendInstitutional OwnershipHeadlinesOptions ChainSocial Media Direxion Daily Financial Bear 3x Shares (the Fund) seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund's adviser is Rafferty Asset Management, LLC.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Direxion Daily Financial Bear 3X Shares. Previous Next 2.3 Community Rank Outperform VotesDirexion Daily Financial Bear 3X Shares has received 80 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDirexion Daily Financial Bear 3X Shares has received 93 “underperform” votes. (Add your “underperform” vote.)Community SentimentDirexion Daily Financial Bear 3X Shares has received 53.76% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Direxion Daily Financial Bear 3X Shares and other stocks. Vote “Outperform” if you believe FAZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FAZ will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipDirexion Daily Financial Bear 3X Shares is a leading dividend payer. It pays a dividend yield of 2.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDirexion Daily Financial Bear 3X Shares does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Direxion Daily Financial Bear 3X Shares insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Previous Next Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.79 out of 5 stars Basic Details Issuer Direxion Fund NameDirexion Daily Financial Bear 3X Shares Tax ClassificationRegulated Investment Company SymbolNYSEARCA:FAZ Inception Date11/6/2008 Fund ManagerPaul Brigandi, Tony Ng Webwww.direxionshares.com PhoneN/A Fund Focus Asset ClassEquity BenchmarkRussell 1000 Financial Services Index CategorySector FocusFinancials Development LevelDeveloped Markets RegionNorth America Fund Statistics Assets Under Management$319.89 million Average Daily Volume$6.22 million Discount/Premium-0.02% ETF Expenses Management Fee0.75% Other Expenses0.40% Total Expenses1.15% Fee Waiver-0.05% Net Expenses1.10%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 MakerVirtu Financial AMEX:FAZ Rates by TradingView Receive FAZ News and Ratings via Email Sign-up to receive the latest news and ratings for FAZ and its competitors with MarketBeat's FREE daily newsletter. Direxion Daily Financial Bear 3X Shares (NYSEARCA:FAZ) Frequently Asked Questions How has Direxion Daily Financial Bear 3X Shares' stock been impacted by COVID-19 (Coronavirus)? Direxion Daily Financial Bear 3X Shares' stock was trading at $45.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FAZ stock has decreased by 64.4% and is now trading at $16.37. View which stocks have been most impacted by Coronavirus. How often does Direxion Daily Financial Bear 3X Shares pay dividends? What is the dividend yield for Direxion Daily Financial Bear 3X Shares? Direxion Daily Financial Bear 3X Shares announced a quarterly dividend on Monday, December 23rd. Investors of record on Tuesday, December 24th will be given a dividend of $0.073 per share on Tuesday, December 31st. This represents a $0.29 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Monday, December 23rd. View Direxion Daily Financial Bear 3X Shares' dividend history. When did Direxion Daily Financial Bear 3X Shares' stock split? How did Direxion Daily Financial Bear 3X Shares' stock split work? Direxion Daily Financial Bear 3X Shares's stock reverse split on the morning of Friday, June 28th 2019. The 1-5 reverse split was announced on Friday, May 24th 2019. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 27th 2019. An investor that had 100 shares of Direxion Daily Financial Bear 3X Shares stock prior to the reverse split would have 20 shares after the split. Has Direxion Daily Financial Bear 3X Shares been receiving favorable news coverage? News stories about FAZ stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Direxion Daily Financial Bear 3X Shares earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutDirexion Daily Financial Bear 3X Shares. What other stocks do shareholders of Direxion Daily Financial Bear 3X Shares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Financial Bear 3X Shares investors own include Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), Direxion Daily Small Cap Bear 3X Shares (TZA), NIO (NIO), Tesla (TSLA), Walt Disney (DIS), Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG), NVIDIA (NVDA), Direxion Daily Financial Bull 3X Shares (FAS), Alibaba Group (BABA) and Bank of America (BAC). What is Direxion Daily Financial Bear 3X Shares' stock symbol? Direxion Daily Financial Bear 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FAZ." Who are Direxion Daily Financial Bear 3X Shares' major shareholders? Direxion Daily Financial Bear 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional investors include Jacobs & Co. CA (0.23%), Tower Research Capital LLC TRC (0.17%), Morgan Stanley (0.05%), Two Sigma Securities LLC (0.04%), Blair William & Co. IL (0.03%) and Optimum Investment Advisors (0.01%). Which institutional investors are selling Direxion Daily Financial Bear 3X Shares stock? FAZ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley. Which institutional investors are buying Direxion Daily Financial Bear 3X Shares stock? FAZ stock was bought by a variety of institutional investors in the last quarter, including Jacobs & Co. CA, Tower Research Capital LLC TRC , Two Sigma Securities LLC, Blair William & Co. IL, and Optimum Investment Advisors. How do I buy shares of Direxion Daily Financial Bear 3X Shares? Shares of FAZ 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, Robinhood, Fidelity, and Charles Schwab. What is Direxion Daily Financial Bear 3X Shares' stock price today? One share of FAZ stock can currently be purchased for approximately $16.37. How big of a company is Direxion Daily Financial Bear 3X Shares? Direxion Daily Financial Bear 3X Shares has a market capitalization of $319.59 million. What is Direxion Daily Financial Bear 3X Shares' official website? The official website for Direxion Daily Financial Bear 3X Shares is www.direxionshares.com. This page was last updated on 6/6/2020 by MarketBeat.com Staff
