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Direxion Daily S&P Biotech Bear 3X Shares
LABD•AMEX
Financial ServicesAsset Management - Leveraged
$7.13
$-0.45(-5.87%)
Direxion Daily S&P Biotech Bear 3X Shares (LABD) Company Profile & Overview
Explore Direxion Daily S&P Biotech Bear 3X Shares’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.
Direxion Daily S&P Biotech Bear 3X Shares (LABD) Company Profile & Overview
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS"). The fund is non-diversified.
SectorFinancial Services
IndustryAsset Management - Leveraged
Contact Information
DE
Company Facts
IPO DateMay 28, 2015
CountryUS
Actively Trading