Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X SharesDRIP
DRIP
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
371% more call options, than puts
Call options by funds: $6.47M | Put options by funds: $1.37M
1.04% less ownership
Funds ownership: 9.34% [Q2] → 8.3% (-1.04%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
26% less capital invested
Capital invested by funds: $4.25M [Q2] → $3.13M (-$1.12M) [Q3]
30% less funds holding
Funds holding: 20 [Q2] → 14 (-6) [Q3]
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for DRIP.
Financial journalist opinion
Neutral
ETF Trends
1 month ago
Top Performing Leveraged/Inverse ETFs: 11/03/2024
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Neutral
Benzinga
1 month ago
Stunning Trump Victory Could Provide 'Yuge' Showcase For Direxion's GUSH And DRIP ETFs
Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election.
Positive
ETF Trends
4 months ago
4 ETFs to Mull as Hedge Funds Load Up on Energy
With rate cuts potentially looming in September, hedge funds are loading up on energy sector stocks,. That could give traders opportunities in leveraged ETFs if they want to mirror their bets.
Positive
ETF Trends
4 months ago
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Positive
ETF Trends
5 months ago
Rate Cut Hopes Spur Oil & Energy ETFs Higher
The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy.
Neutral
ETF Trends
5 months ago
NUGT & DUST: Prospecting Precious Metal Miners
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Positive
Seeking Alpha
11 months ago
Opportunity Today Is In Energy, Especially Oil And Gas - Chris DeMuth Jr.
Chris DeMuth Jr. discusses his investment strategy for 2023 and the current state of the market. He expresses his preference for the energy sector, particularly oil and gas, due to mispriced equities and potential for cash returns.
Positive
ETF Trends
1 year ago
Falling Gas Prices Could Provide Upside for This Inverse ETF
Falling gas prices should open opportunities for traders to place bearish bets on oil prices. If so, then bears can take a look at the Direxion Daily S&P Oil & Gas Exp.
Positive
Benzinga
1 year ago
Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (ARCA:DRIP)
Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November, which matched expectations.
Positive
Zacks Investment Research
1 year ago
Inverse Energy ETFs Rise Amid Steep Decline in Oil
Oil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.
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