Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) Price, Holdings, & News

ETF Overview

The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.

Key Stats

• Today's Range: $7.46 to $8.28
• 50-Day Range: $7.55 to $11.27
• 52-Week Range: $7.46 to $41.69
• Volume: 1.41 million shs
• Average Volume: 435,015 shs
• Market Capitalization: $24.76 million
• Assets Under Management: $28.85 million
• Dividend Yield: 5.17%
• Net Expense Ratio: 1.06%
• Aggregate Rating: N/A

HIBS ETF - Frequently Asked Questions

How have HIBS shares performed this year?

Direxion Daily S&P 500 High Beta Bear 3X Shares' stock was trading at $19.03 at the start of the year. Since then, HIBS stock has decreased by 60.3% and is now trading at $7.55.

When did Direxion Daily S&P 500 High Beta Bear 3X Shares' stock split?

Shares of Direxion Daily S&P 500 High Beta Bear 3X Shares reverse split before market open on Monday, August 28th 2023.The 1-10 reverse split was announced on Monday, August 28th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Direxion Daily S&P 500 High Beta Bear 3X Shares' major shareholders?

Direxion Daily S&P 500 High Beta Bear 3X Shares' top institutional investors include Tower Research Capital LLC TRC (0.71%).

How do I buy shares of Direxion Daily S&P 500 High Beta Bear 3X Shares?

Shares of HIBS 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.

What other stocks do shareholders of Direxion Daily S&P 500 High Beta Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily S&P 500 High Beta Bear 3X Shares investors own include Direxion Daily Semiconductors Bear 3x Shares (SOXS), ProShares UltraPro Short QQQ (SQQQ), Tesla (TSLA), Broadcom (AVGO), Canopy Growth (CGC), Ford Motor (F) and Constellation Brands (STZ).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily S&P 500 High Beta Bear 3X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:HIBS
• Inception Date: 11/7/2019
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: S&P 500 High Beta Index
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 10

Fund Statistics

• Assets Under Management: $28.85 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.01%
• Leveraged: -3.00

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: IMC

Options

• Optionable: Optionable
• Options Volume: 227
• Put Options: 20
• Call Options: 207
• Short Interest: 115,700 shs

Miscellaneous

• Outstanding Shares: 3,280,000
• Beta: -3.59
• Creation Unit: 50,000
• Creation Fee: $250.00