On June 12, Direxion Daily Small Cap Bull 3X Shares (TNA) rose 8.35% in regular trading, trading at $66.98 USD/share, with Turnover of $526 million.
As a triple-leveraged ETF tracking the Russell 2000 Index, the 8.35% gain corresponds to an approximate 2.8% intraday advance in the underlying Russell 2000 Index, reflecting broad strength among small-capitalization stocks during the session.
The fund invests at least 80% of its net assets in financial instruments such as swap agreements, securities of the index, and ETFs that track the index, providing daily leveraged exposure to approximately 2,000 small-capitalization companies in the Russell 3000 Index based on a combination of their market capitalization and current index membership. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments