Direxion Daily Small Cap Bull 3X Shares logo

Direxion Daily Small Cap Bull 3X Shares (TNA)

Market Closed
30 Jul, 20:00
ARCA ARCA
$
35. 75
-0.57
-1.57%
$
1.96B Market Cap
0.61% Div Yield
14,967,442 Volume
$ 36.32
Previous Close
Day Range
35.05 37.38
Year Range
18.01 58
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Summary

TNA closed today lower at $35.75, a decrease of 1.57% from yesterday's close, completing a monthly increase of or $35.75. Over the past 12 months, TNA stock gained .
TNA pays dividends to its shareholders, with the most recent payment made on Dec 31, 2024. The next estimated payment will be in 3 months ago on Mar 31, 2025 for a total of $0.176.
Direxion Daily Small Cap Bull 3X Shares has completed 2 stock splits, with the recent split occurring on Apr 28, 2017.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on ARCA (USD).

TNA Chart

TNA: Tariff Policy May Overshadow Rate Policy For Small-Caps

TNA: Tariff Policy May Overshadow Rate Policy For Small-Caps

TNA offers 3x daily exposure to the Russell 2000, making it suitable for active traders but not for long-term investors. Small-cap stocks may struggle in an inflationary environment, even if interest rates decline, due to higher import costs and tighter margins resulting from tariff policy. Holding TNA beyond a single day exposes investors to compounding risks and value decay, especially during consecutive down days.

Seekingalpha | 4 weeks ago
Profiting in Small-Caps Whether They Go Up, Down, or Remain Flat

Profiting in Small-Caps Whether They Go Up, Down, or Remain Flat

Weekly options are the ideal investment for turning small amounts of money into large amounts.

Zacks | 3 months ago
TNA: Buy For Big Gains On Small Caps

TNA: Buy For Big Gains On Small Caps

Direxion Daily Small Cap Bull 3X Shares (TNA) is a triple leveraged ETF tracking the Russell 2000, aiming for 300% of daily benchmark movement. Despite long-term bullishness on the Russell 2000, current market volatility necessitates caution with TNA, emphasizing short-term holding strategies. Leveraged ETFs like TNA are best held short-term due to volatility and loss recoupment risks, making them suitable for playing market catalysts.

Seekingalpha | 3 months ago

Direxion Daily Small Cap Bull 3X Shares (TNA) FAQ

What is the stock price today?

The current price is $35.75.

On which exchange is it traded?

Direxion Daily Small Cap Bull 3X Shares is listed on ARCA.

What is its stock symbol?

The ticker symbol is TNA.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.61%.

What is its market cap?

As of today, the market cap is 1.96B.

Has Direxion Daily Small Cap Bull 3X Shares ever had a stock split?

Direxion Daily Small Cap Bull 3X Shares had 2 splits and the recent split was on Apr 28, 2017.

Direxion Daily Small Cap Bull 3X Shares Profile

ARCA Exchange
US Country

Overview

The described company operates within the financial sector, focusing on providing its clients with leveraged exposure to the small-capitalization sector of the market. It achieves this through investing a minimum of 80% of its net assets into financial instruments that aim for triple (3X) the daily performance of its targeted index. This targeted index comprises approximately 2,000 small-capitalization companies within the broader Russell 3000® Index, emphasizing those selected based on their market capitalization and current membership within the index. As a non-diversified fund, it concentrates its investments more heavily in its chosen financial instruments compared to diversified funds, which may spread their investments across a wider range of assets.

Products and Services

  • Swap Agreements

    These are contracts through which the fund can exchange the returns of its assets for those of the index it seeks to track, effectively providing the leverage it aims for. Swap agreements are a pivotal part of the fund's strategy to amplify its exposure to the performance of small-cap companies within the Russell 3000® Index.

  • Securities of the Index

    The fund invests in securities that are part of its targeted index, directly linking its performance to the small-capitalization companies within the Russell 3000® Index. This direct investment is another method through which the fund seeks to achieve its objective of 3X daily leveraged exposure to these companies.

  • Exchange-Traded Funds (ETFs)

    By investing in ETFs that track the same index, the fund is able to diversify its approach to achieving its leverage objective. ETFs offer a more flexible and liquid option for participating in the performance of the index, complementing the fund's other investment strategies.

Contact Information

Address: -
Phone: NA