Direxion Daily MSCI India Bull 2x Shares (INDL) Price, Holdings, & News

ETF Overview

Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators. The India Index has 50 constituents, spread among sectors, which include information technology, health services, financial services, heavy industry and consumer products.

Key Stats

• Today's Range: $56.62 to $57.01
• 50-Day Range: $54.32 to $63.36
• 52-Week Range: $48.00 to $78.00
• Volume: 13,722 shs
• Average Volume: 45,012 shs
• Market Capitalization: $70.88 million
• Assets Under Management: $68.19 million
• Dividend Yield: 1.55%
• Net Expense Ratio: 1.24%
• Aggregate Rating: N/A

INDL ETF - Frequently Asked Questions

How have INDL shares performed this year?

Direxion Daily MSCI India Bull 2x Shares' stock was trading at $59.57 at the start of the year. Since then, INDL shares have decreased by 4.8% and is now trading at $56.70.

Who are Direxion Daily MSCI India Bull 2x Shares' major shareholders?

Top institutional investors of Direxion Daily MSCI India Bull 2x Shares include SBI Securities Co. Ltd. (1.82%), Marshall Wace LLP (1.69%), Jane Street Group LLC (0.34%) and Addison Advisors LLC (0.03%).

How do I buy shares of Direxion Daily MSCI India Bull 2x Shares?

Shares of INDL 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 MSCI India Bull 2x Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily MSCI India Bull 2x Shares investors own include NIO (NIO), NVIDIA (nvda), Advanced Micro Devices (AMD), Costco Wholesale (COST), Merck & Co., Inc. (MRK), Direxion Daily Semiconductors Bull 3x Shares (soxl) and BlackRock (BLK).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily MSCI India Bull 2x Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:INDL
• Inception Date: 3/11/2010
• Fund Manager: Paul Brigandi, Tony Ng
• Web: www.direxionshares.com
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: MSCI India Index
• Category: Strategy
• Focus: Emerging Markets
• Development Level: Emerging Markets
• Region: Asia-Pacific
• Number of Holdings: 16

Fund Statistics

• Assets Under Management: $68.19 million
• Average Daily Volume: $26.26 thousand
• 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: 1
• Put Options: 1
• Call Options: 26
• Short Interest: 87,500 shs

Miscellaneous

• Outstanding Shares: 1,250,000
• Beta: 1.75
• Creation Unit: 50,000
• Creation Fee: $250.00