NYSEARCA:TZA - Direxion Daily Small Cap Bear 3X Shares Stock Price, Price Target & More

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$9.74 +0.06 (+0.62 %)
(As of 05/27/2018 07:46 AM ET)
Previous Close$9.74
Today's Range$9.67 - $9.79
52-Week Range$9.46 - $18.89
Volume5.17 million shs
Average Volume9.95 million shs
Market Capitalization$380.95 million
P/E RatioN/A
Dividend Yield0.15%
BetaN/A

About Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

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.

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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
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkRussell 2000 TR USD
CategorySize and Style
FocusSmall Cap
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$348.06 million
Average Daily Volume$9.38 million
Discount/Premium-1.08%

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

Geographic Exposure of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)
Currency Exposure of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)
Sector Exposure of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)
Industry Exposure of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

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 special dividend on Tuesday, March 20th. Shareholders of record on Wednesday, March 21st will be paid a dividend of $0.0151 per share on Tuesday, March 27th. The ex-dividend date of this dividend is Tuesday, March 20th. View Direxion Daily Small Cap Bear 3X Shares' Dividend History.

Has Direxion Daily Small Cap Bear 3X Shares been receiving favorable news coverage?

News articles about TZA stock have trended positive on Sunday, according to Accern. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Direxion Daily Small Cap Bear 3X Shares earned a media sentiment score of 0.42 on Accern's scale. They also gave media headlines about the exchange traded fund an impact score of 46.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Direxion Daily Small Cap Bear 3X Shares' major shareholders?

Direxion Daily Small Cap Bear 3X Shares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Flow Traders U.S. LLC (0.20%), Royal Bank of Canada (0.06%), UBS Group AG (0.04%) and Trellus Management Company LLC (0.04%). View Institutional Ownership Trends for Direxion Daily Small Cap Bear 3X Shares.

Which institutional investors are selling Direxion Daily Small Cap Bear 3X Shares stock?

TZA stock was sold by a variety of institutional investors in the last quarter, including Flow Traders U.S. LLC. View Insider Buying and Selling for Direxion Daily Small Cap Bear 3X Shares.

Which institutional 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 Trellus Management Company LLC, UBS Group AG and Royal Bank of Canada. View Insider Buying and Selling for Direxion Daily Small Cap Bear 3X Shares.

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 $9.74.

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 $380.95 million.


MarketBeat Community Rating for Direxion Daily Small Cap Bear 3X Shares (TZA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  105
MarketBeat'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.

Analyst Ratings

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Earnings

Dividends

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Dividend Information

Direxion Daily Small Cap Bear 3X Shares pays an annual dividend of $0.01 per share, with a dividend yield of 0.10%. TZA's most recent special dividend payment was Tuesday, March 27.
Most Recent Dividend:3/27/2018
Annual Dividend:$0.01
Dividend Yield:0.10%
Payout Ratio(s):N/A
Dividend Payments by Quarter for Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/20/2018special$0.01513/20/20183/21/20183/27/2018
(Data available from 1/1/2013 forward)

Insider Trades

Headlines

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA TZA) News Headlines

Source:
DateHeadline
Wall Street Has Not Loved Bank Earnings So FarWall Street Has Not Loved Bank Earnings So Far
www.benzinga.com - April 16 at 5:06 PM
Getting technical: Riding VWAP to glory on the SPY ExpressGetting technical: Riding VWAP to glory on the SPY Express
finance.yahoo.com - April 13 at 5:15 PM
MARKETS: Inflation is coming in a big wayMARKETS: Inflation is coming in a big way
finance.yahoo.com - April 4 at 3:57 PM
Direxion Daily Small Cap Bear 3X Shares (TZA) Declares Special Dividend of $0.02Direxion Daily Small Cap Bear 3X Shares (TZA) Declares Special Dividend of $0.02
www.americanbankingnews.com - March 20 at 5:00 PM
Flow Traders U.S. LLC Raises Position in Direxion Daily Small Cap Bear 3X Shares (TZA)Flow Traders U.S. LLC Raises Position in Direxion Daily Small Cap Bear 3X Shares (TZA)
www.americanbankingnews.com - March 5 at 11:56 AM
What I hope to hear from Fed Chair Powell this weekWhat I hope to hear from Fed Chair Powell this week
finance.yahoo.com - February 27 at 8:40 AM
Getting Technical: Trading the Roku earnings disasterGetting Technical: Trading the Roku earnings disaster
finance.yahoo.com - February 25 at 9:01 AM
U.S. bonds are crashing and this is only the beginningU.S. bonds are crashing and this is only the beginning
finance.yahoo.com - January 11 at 3:31 PM
2 Leveraged ETFs To Trade The January Effect With - Benzinga2 Leveraged ETFs To Trade The January Effect With - Benzinga
www.benzinga.com - December 21 at 3:33 PM
Short Interest in Direxion Daily Small Cap Bear 3X ETF (TZA) Increases By 43.9%Short Interest in Direxion Daily Small Cap Bear 3X ETF (TZA) Increases By 43.9%
www.americanbankingnews.com - December 19 at 1:14 AM
When Trump signs the tax bill there'll be a tornado in the markets that zips the Dow up to 25,000: NYSE traderWhen Trump signs the tax bill there'll be a tornado in the markets that zips the Dow up to 25,000: NYSE trader
finance.yahoo.com - December 17 at 3:30 PM
Money is pouring into cash funds, financials, large caps and retailMoney is pouring into cash funds, financials, large caps and retail
finance.yahoo.com - December 3 at 3:30 PM
TZA January 2020 Options Begin TradingTZA January 2020 Options Begin Trading
www.thestreet.com - November 18 at 9:48 AM
TZA, DPST: Big ETF Outflows - NasdaqTZA, DPST: Big ETF Outflows - Nasdaq
www.nasdaq.com - November 7 at 9:11 PM

SEC Filings

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) SEC Filings

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Social Media

Financials

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA TZA) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff

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