Markets closed sideways but Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares, Direxion Daily S&P Biotech Bull 3X Shares drop and make it on this unflattering list of yesterday's losing etfs.
A quick update: markets did not have a clear cut direction — Dow Jones gained 0.3% and closed at 33,600. S&P 500 closed at 4,109 after a flat day.
While markets traded sideways yesterday, some etfs suffered significant losses. Here is the list of Top Losers from yesterday:
-5%: SOXS lost 5% yesterday, ending at $18
Direxion Daily Semiconductor Bear 3x Shares slid down from $18.94 to $18, taking a 94 cents loss (5%)
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | Currently down 4.1% at $13.34
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is now trading 49.6% below the significant high of $27.6 it set around 9 months ago.
Biotech Bull and Bear 3X ETF | Closed 16 cents (-3.22%) lower at $4.81
Biotech Bull and Bear 3X ETF has fallen back around 68% from the significant high of $15.53 set 11 months ago.