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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 woody999on Aug 30, 2022 2:43pm
56 Views
Post# 34930268

It is INSANE

It is INSANEYou are correct, the q2 results came out but there is no news release. It is on sedar. On track to make about 35 cents a share this year ! (or more).  That would be a p/e about 1.5 :1   based on latest average price.  This stock should be 10 times that in my opinion.
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