Direxion sets splits on 9 of its leveraged funds after big moves made the shares too expensive...

|About: Direxion Daily Gold Mine... (NUGT)|By:, SA News Editor

Direxion sets splits on 9 of its leveraged funds after big moves made the shares too expensive or (more frequently) sent them too close to $0. The Gold Miners Bull 3x ETF (NUGT) is up for its 2nd reverse split of the year, 1:10 this time after going 1:5 in April Other reverse splits: S&P 500 Bear 3x (SPXS) 1:5, India Bull 3x (INDL) 1:4, Real Estate Bear 3x (DRV) 1:4, Semiconductor Bear 3x (SOXS) 1:4, Developed Markets Bear 3x (DPK) 1:4, Natural Gas Related Bear 3x (GASX) 1:4. Regular splits: Gold Miners Bear 3x (DUST) 2:1, Healthcare Bull 3x (CURE) 2:1.