Direxion Daily Energy Bear 2X Shares (ERY) Price, Holdings, & News

ETF Overview

The Direxion Daily Energy Bear 2X Shares (ERY) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x inverse exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERY was launched on Nov 6, 2008 and is managed by Direxion.

Key Stats

• Today's Range: $19.64 to $20.05
• 50-Day Range: $19.91 to $25.73
• 52-Week Range: $19.64 to $31.44
• Volume: 239,157 shs
• Average Volume: 334,570 shs
• Market Capitalization: $20.31 million
• Assets Under Management: $21.20 million
• Dividend Yield: 0.45%
• Net Expense Ratio: 1.08%
• Aggregate Rating: N/A

ERY ETF - Frequently Asked Questions

How have ERY shares performed this year?

Direxion Daily Energy Bear 2X Shares' stock was trading at $27.93 at the beginning of 2024. Since then, ERY stock has decreased by 28.7% and is now trading at $19.91.
View the best growth stocks for 2024 here.

When did Direxion Daily Energy Bear 2X Shares' stock split?

Direxion Daily Energy Bear 2X Shares shares reverse split on the morning of Tuesday, May 31st 2022. The 1-10 reverse split was announced on Tuesday, May 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Direxion Daily Energy Bear 2X Shares' major shareholders?

Direxion Daily Energy Bear 2X Shares' top institutional shareholders include Virtu Financial LLC (4.30%).

How do I buy shares of Direxion Daily Energy Bear 2X Shares?

Shares of ERY 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 Energy Bear 2X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Energy Bear 2X Shares investors own include Direxion Daily S&P Biotech Bull 3x Shares (LABU), Meta Platforms (META), Intel (INTC), Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), NVIDIA (NVDA), Direxion Daily Energy Bull 2x Shares (ERX) and Bristol-Myers Squibb (BMY).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily Energy Bear 2X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:ERY
• Inception Date: 11/6/2008
• Fund Manager: Paul Brigandi, Tony Ng
• Previous Symbol: NYSE:ERY
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Energy Select Sector Index
• Category: Sector
• Focus: Energy
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 8

Fund Statistics

• Assets Under Management: $21.20 million
• Average Daily Volume: $311,029.40
• Discount/Premium: 0.01%
• Leveraged: -2.00

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: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 7
• Put Options: 4
• Call Options: 3
• Short Interest: 90,000 shs

Miscellaneous

• Outstanding Shares: 1,020,000
• Beta: -0.86
• Creation Unit: 50,000
• Creation Fee: $250.00