Direxion Daily GOOGL Bear 1X Shares (GGLS) Price, Holdings, & News

ETF Overview

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc. Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.

Key Stats

• Today's Range: $12.06 to $12.54
• 50-Day Range: $11.85 to $14.44
• 52-Week Range: $11.57 to $18.38
• Volume: 56,543 shs
• Average Volume: 37,580 shs
• Market Capitalization: $3.65 million
• Assets Under Management: $4.63 million
• Dividend Yield: 4.85%
• Net Expense Ratio: 1.09%
• Aggregate Rating: N/A

GGLS ETF - Frequently Asked Questions

How have GGLS shares performed this year?

Direxion Daily GOOGL Bear 1X Shares' stock was trading at $17.22 at the beginning of the year. Since then, GGLS shares have decreased by 29.4% and is now trading at $12.16.
View the best growth stocks for 2024 here.

Who are Direxion Daily GOOGL Bear 1X Shares' major shareholders?

Direxion Daily GOOGL Bear 1X Shares' top institutional investors include Virtu Financial LLC (12.20%) and Flow Traders U.S. LLC (5.39%).

How do I buy shares of Direxion Daily GOOGL Bear 1X Shares?

Shares of GGLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Direxion Daily GOOGL Bear 1X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily GOOGL Bear 1X Shares investors own include State Street (STT), Seagate Technology (STX), Constellation Brands (STZ), Enviva (EVA), International Business Machines (IBM), Shutterstock (SSTK) and AbbVie (ABBV).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily GOOGL Bear 1X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:GGLS
• Inception Date: 9/7/2022
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Single Stock
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 13

Fund Statistics

• Assets Under Management: $4.63 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.02%
• Leveraged: -1.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 6
• Call Options: 1
• Short Interest: 31,500 shs

Miscellaneous

• Outstanding Shares: 300,000
• Beta: 1.89
• Creation Unit: 25,000
• Creation Fee: $250.00