Direxion Daily S&P Biotech Bear 3X Shares (LABD)

• Market cap: $70.1M
• 1 day: -4.57%
• 5 days: 5.97%
• 1 month: 7.58%
• 3 months: 30.76%
• 6 months: -13.10%
• Year to date: -24.39%
• 1 year: -42.60%
• 5 years: -97.02%
• 10 years: -99.91%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

418% more call options, than puts

Call options by funds: $7.72M | Put options by funds: $1.49M

40% more capital invested

Capital invested by funds: $18.2M [Q2] → $25.4M (+$7.25M) [Q3]

10.82% more ownership

Funds ownership: 18.9% [Q2] → 29.72% (+10.82%) [Q3]

6% less funds holding

Funds holding: 16 [Q2] → 15 (-1) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4