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Direxion Daily S&P 500 High Beta Bear 3X Shares: (HIBS)

(Delayed Data from NYSE) As of Aug 23, 2024 03:59 PM ET

$21.57 USD

21.57
377,645

-1.45 (-6.30%)

Volume: 377,645

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

After-Market: $21.41 -0.16 (-0.74 %) 7:58 PM ET

Zacks News

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Inverse ETFs Spike as Nasdaq Enters Correction

The tech-heavy Nasdaq Composite Index entered correction territory (down 10% from its early July record high) after a softer-than-expected jobs data report spurred worries over a slowing U.S. economy.

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5 Best Inverse-Leveraged ETFs of Last Week

Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks, with a total of $950 billion erased from their market capitalizations.

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5 Leveraged, Inverse ETFs Winning at the Start of 2024

The demand for leveraged and inverse-leveraged ETFs has increased as these fetch outsized returns on quick market turns in a short span.

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Inverse ETFs Soar at the Start of 2024

The U.S. stock market started to falter after a marvelous rally in 2023. This resulted in huge demand for inverse or inverse-leveraged ETFs.

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5 Inverse ETFs That Gained More Than 25% in October

The U.S. stock market wrapped up October with losses, marking the third-straight monthly decline for the first time since the onset of the COVID pandemic in March 2020.

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Best Inverse/Leveraged ETFs of Last Week

Wall Street delivered a downbeat performance last week.

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Best Inverse/Leveraged ETFs of Last Week

Wall Street gave a mixed performance last week with the S&P 500 and the Nasdaq Composite eking out moderate gains while the Dow Jones and the Russell 2000 slumped.

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5 Best Leveraged-Inverse ETFs of September

September is on track to be the worst month of the year.

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5 Inverse ETFs That Gained in Double Digits in August

August was dull for Wall Street, with all three major indices finishing in the red. This resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span.

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Inverse ETFs Soar as Market Turns Sour

Wall Street has been caught in feeble trading in the past week, triggered by the U.S. credit rating downgrade and now bank downgrades. This has resulted in huge demand for inverse or inverse-leveraged ETFs.

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5 Best Inverse/Leveraged ETFs of Last Week

Wall Street delivered downbeat performances last week.

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5 Factors Why Inverse ETFs May Rule in 2H23

As short-sellers increase their bets against U.S. equities amidst a booming S&P 500 Index, we delve into why inverse ETFs may come to dominate the latter half of 2023.

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5 Leveraged/Inverse ETFs That Gained Double Digits in April

The month of April was marked by huge volatility. Though recession fears continued to weigh on investors sentiment, cooling inflation and better-than-expected earnings drove the stocks higher.

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Best Inverse/Leveraged ETFs in the Worst Week of 2023

Last week was the worst week of 2023 so far, for Wall Street. Rising rate worries weighed on markets last week.

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Best Inverse/Leveraged ETFs of Last Week

Wall Street was downbeat last week. Amid major developments last week, the Fed's rate hike deserves mention.

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Best Inverse/Leveraged ETFs of Last Week

Wall Street was downbeat last week. Rising rate worries and recessionary fears were the key concerns.

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Best Inverse/Leveraged ETFs of Last Week

Wall Street was moderately downbeat last week due to a rise in bond yields.

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5 Best-Performing Inverse ETFs of a Brutal June

June was marked with rounds of steep selling for U.S. stocks that resulted in huge demand for inverse or inverse-leveraged ETFs.

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Winning Inverse ETFs in S&P 500's Worst Week Since 2020

The S&P 500 entered into a bear market last week. Steep Fed rate hike last week and chances of more such hikes in the coming months triggered heightened recessionary fears.

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Why You Should Tap Inverse ETFs This Week

We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.

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5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

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5 Inverse ETFs Up Over 10% on Black Friday

The color of Wall Street was red on Black Friday 2021 with the Dow Jones Industrial Index losing 2.53% in its worst post-Thanksgiving Day performance since 1931. Inverse ETFs gained massively on that day.

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6 Inverse ETFs Gain on Broad Market Sell-Off

The broad market sell-off has resulted in a spike for inverse or inverse leveraged ETFs. These products either create a short position or a leveraged short position in the underlying index.

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5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was subdued last week due to the Fed's taper talks. As a result, these inverse ETFs won massively.

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5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was subdued last week. A slew of earnings results for the second quarter and a new report on consumer spending for June came in stronger than expected. But increasing cases of the delta variant of COVID-19 also weighed on risk-on sentiments.