NYSEARCA:TZA - Direxion Daily Small Cap Bear 3X Shares Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $10.00 +0.21 (+2.15 %) (As of 05/21/2019 05:04 AM ET)Previous Close$9.79Today's Range$9.79 - $10.0752-Week Range$7.80 - $18.69Volume11.14 million shsAverage Volume11.75 million shsMarket Capitalization$347.20 millionP/E RatioN/ADividend Yield1.09%BetaN/A ProfileChartDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Fund does not invest in equity securities. It creates short positions by investing at least 80% of its net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the Small Cap Index, and the remainder in money market instruments. The Fund's investment advisor is Rafferty Asset Management LLC. Receive TZA News and Ratings via Email Sign-up to receive the latest news and ratings for TZA and its competitors with MarketBeat's FREE daily newsletter. Basic Details Issuer Direxion Fund NameDirexion Daily Small Cap Bear 3X Shares Tax ClassificationRegulated Investment Company SymbolNYSEARCA:TZA Inception Date11/5/2008 Fund ManagerPaul Brigandi, Tony Ng Webwww.direxionshares.com PhoneN/A Fund Focus Asset ClassEquity BenchmarkRussell 2000 Index CategorySize and Style FocusSmall Cap Development LevelDeveloped Markets RegionNorth America Fund Statistics Assets Under Management$339.60 million Average Daily Volume$13.32 million Discount/Premium0.01% ETF Expenses Management Fee0.75% Other Expenses0.37% Total Expenses1.12% Fee Waiver-0.02% 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 Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Frequently Asked Questions What is Direxion Daily Small Cap Bear 3X Shares' stock symbol? Direxion Daily Small Cap Bear 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "TZA." How often does Direxion Daily Small Cap Bear 3X Shares pay dividends? What is the dividend yield for Direxion Daily Small Cap Bear 3X Shares? Direxion Daily Small Cap Bear 3X Shares announced a quarterly dividend on Tuesday, March 19th. Investors of record on Wednesday, March 20th will be paid a dividend of $0.0265 per share on Tuesday, March 26th. This represents a $0.11 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Tuesday, March 19th. View Direxion Daily Small Cap Bear 3X Shares' Dividend History. Has Direxion Daily Small Cap Bear 3X Shares been receiving favorable news coverage? News coverage about TZA stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Direxion Daily Small Cap Bear 3X Shares earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. What other stocks do shareholders of Direxion Daily Small Cap Bear 3X Shares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Small Cap Bear 3X Shares investors own include Onelife Technologies (OLMM), Direxion Daily Gold Miners Bull 3x Shares (NUGT), Direxion Daily Small Cap Bull 3X Shares (TNA), ProShares Ultra VIX Short-Term Futures ETF (UVXY), Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG), Direxion Daily Financial Bear 3X Shares (FAZ), General Electric (GE), Micron Technology (MU), ProShares UltraPro QQQ (TQQQ) and ProShares UltraPro Short QQQ (SQQQ). Who are Direxion Daily Small Cap Bear 3X Shares' major shareholders? Direxion Daily Small Cap Bear 3X Shares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.40%), 1492 Capital Management LLC (0.31%), Morgan Stanley (0.22%), Hengehold Capital Management LLC (0.14%), Moors & Cabot Inc. (0.04%) and Moors & Cabot Inc. (0.04%). Which major investors are buying Direxion Daily Small Cap Bear 3X Shares stock? TZA stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC, 1492 Capital Management LLC, Morgan Stanley, Hengehold Capital Management LLC, Moors & Cabot Inc., Moors & Cabot Inc., Villere ST Denis J & Co. LLC and Bourgeon Capital Management LLC. How do I buy shares of Direxion Daily Small Cap Bear 3X Shares? Shares of TZA 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 Small Cap Bear 3X Shares' stock price today? One share of TZA stock can currently be purchased for approximately $10.00. How big of a company is Direxion Daily Small Cap Bear 3X Shares? Direxion Daily Small Cap Bear 3X Shares has a market capitalization of $347.20 million. What is Direxion Daily Small Cap Bear 3X Shares' official website? The official website for Direxion Daily Small Cap Bear 3X Shares is http://www.direxionshares.com/. MarketBeat Community Rating for Direxion Daily Small Cap Bear 3X Shares (NYSEARCA TZA)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 100 (Vote Outperform)Underperform Votes: 87 (Vote Underperform)Total Votes: 187MarketBeat's community ratings are surveys of what our community members think about Direxion Daily Small Cap Bear 3X Shares and other stocks. Vote "Outperform" if you believe TZA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TZA will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/21/2019 by MarketBeat.com StaffFeatured Article: What is a capital gain? 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