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Direxion Daily Small Cap Bull 3X Shares V.TNA


Primary Symbol: TNA

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of 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.


ARCA:TNA - Post by User

Post by TickBombon Aug 21, 2020 12:05pm
243 Views
Post# 31438723

Loan and outside operations

Loan and outside operationsThe Company has announced that effective midnight July 29, 2020, the state of Washington’s new rules on COVID-19 restrictions changed to include prohibition of indoor operations (other than restaurant) at Washington state’s cardrooms. Those new rules do allow cardrooms to operate outdoors under tents. The company is working to secure equipment, power, and permits necessary to reestablish operations outside, and expects that it will take 2-3 weeks before operations reopen. The effect of this change on revenue and expenses cannot be accurately predicted. Also, the Company has been approved for US$6.1 million in payroll protection loans under the US governments federal “PPP” program that provides payroll relief to businesses affected by the COVID-19 pandemic.
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