November 30, 2016 - By Ruchi Gupta · 0 Comments
Nov 30 is a positive day so far for Direxion Daily FTSE China Bull 3X ETF (NYSEARCA:YINN) as the ETF is active during the day after gaining 0.73% to hit $18 per share. The exchange traded fund has 142.77M net assets and 3.29% volatility this month.
Over the course of the day 181,191 shares traded hands, as compared to an average volume of 1.40M over the last 30 days for Direxion Daily FTSE China Bull 3X ETF (NYSEARCA:YINN).
The ETF is -28.05% of its 52-Week High and 86.84% of its low, and is currently having ATR of 0.92. This year’s performance is -10.37% while this quarter’s performance is -18.00%.
The ETF’s YTD performance is -2.71%, the 1 year is -20.5% and the 3 year is -16.77%.
The ETF’s average P/E ratio is 9.71, the price to book is 1.08, the price to sales is 1.12 and the price to cashflow is 2.43. It was started on 12/03/2009. The fund’s top holdings are: iShares China Large-Cap for 44.85% of assets, Fidelity Institutional Go for 16.74%, iShares China Large Cap for 15.43%, Ishares China Largecap for 12.84%, Goldman Finl Sq Trsry Ins for 3.64%.
More notable recent Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN) news were published by: Investorplace.com which released: “Trade of the Day: Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN)” on November 22, 2016, also Marketwatch.com with their article: “Direxion Daily FTSE China Bull 3X Shares” published on June 25, 2011, Schaeffersresearch.com published: “How These ETFs Stack Up Amid China’s Market Meltdown” on July 08, 2015. More interesting news about Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN) were released by: Quotes.Wsj.com and their article: “DOW JONES, A NEWS CORP COMPANY” published on September 03, 2014 as well as Etftrends.com‘s news article titled: “Returns to China ETFs Stokes Leveraged Activity” with publication date: April 06, 2015.
Direxion Daily China Bull 3x Shares ETF seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The ETF has a market cap of $142.77 million. The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation. It currently has negative earnings. Under normal circumstances, it focuses on creating long positions, by investing at least 80% of its net assets in the equity securities that comprise its underlying index and/or futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; repurchase agreements, and reverse repurchase agreements.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Ruchi Gupta