November 24, 2016 - By Dolores Ford · 0 Comments
Nov 24 is a negative day so far for Direxion Daily Retail Bull 3X ETF (NYSEARCA:RETL) as the ETF is active during the day after losing 0.07% to hit $44.47 per share. The exchange traded fund has 44.85 million net assets and 3.16% volatility this month.
Over the course of the day 6,431 shares traded hands, as compared to an average volume of 14,660 over the last 30 days for Direxion Daily Retail Bull 3X ETF (NYSEARCA:RETL).
The ETF is -16.26% of its 52-Week High and 70.84% of its low, and is currently having ATR of 1.48. This year’s performance is 4.12% while this quarter’s performance is -15.50%.
The ETF’s YTD performance is 2.9%, the 1 year is 5.59% and the 3 year is 29.21%.
The ETF’s average P/E ratio is 25.7, the price to book is 6.8, the price to sales is 1.07 and the price to cashflow is 13.29. It was started on 7/14/2010. The fund’s top holdings are: R1 Retail Subsec Inx Swap for 34.59% of assets, Fidelity Institutional Go for 11.68%, Amazon.com Inc. for 1.47%, Home Depot Inc. (The) Common S for 0.72%, Wal-Mart Stores Inc. Common St for 0.49%, Costco Wholesale Corporation for 0.30%, Lowe’s Companies Inc. Common S for 0.29%.
More notable recent Direxion Daily Retail Bull 2X Shares ETF (NYSEARCA:RETL) news were published by: Prnewswire.com which released: “Direxion Investments Announces Reverse and Forward Share Splits of 19 …” on April 20, 2015, also Etfdb.com with their article: “Direxion’s 2x ETFs Becoming 3x ETFs” published on November 28, 2011, Etftrends.com published: “Retail ETFs in Spotlight on May Sales, Best Buy Results” on June 14, 2011. More interesting news about Direxion Daily Retail Bull 2X Shares ETF (NYSEARCA:RETL) were released by: Benzinga.com and their article: “The Disaster Gold ETF Trade No One Is Talking About” published on July 14, 2016 as well as Benzinga.com‘s news article titled: “Some Say The Gold Miners Trade Is Back” with publication date: February 26, 2016.
Direxion Daily Retail Bull 3x Shares, formerly Direxion Daily Retail Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Retail Index. The ETF has a market cap of $44.85 million. The Retail Index is an index comprised of companies that sell to clients those discretionary products supplied by manufacturers. It currently has negative earnings. These companies include specialty retailers, as well as diversified retailers, such as department stores, discount stores, and superstores.
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By Dolores Ford