Direxion Daily Technology Bear 3X Shares company info

What does Direxion Daily Technology Bear 3X Shares do?

Direxion Daily Technology Bear 3X Shares (NYSE:TECS) is a financial instrument designed to achieve daily investment results, before fees and expenses, of 300% of the inverse of the performance of the Technology Select Sector Index. It primarily engages in trades and investments aimed at benefiting from declines in technology sector values. The goal is to provide traders and investors with a tool for speculative opportunities or to hedge their technology sector exposure with triple the inverse daily performance. TECS operates solely on the NYSE Arca platform, making it accessible for a wide range of investors interested in tech sector dynamics. Its projects and objectives revolve around leveraging financial derivatives and products to manage its goals effectively, offering a unique approach for those predicting downturns in the technology market.
Direxion Daily Technology Bear 3X Shares company media

Company Snapshot

Is Direxion Daily Technology Bear 3X Shares a public or private company?

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Ownership

Public

How many people does Direxion Daily Technology Bear 3X Shares employ?

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Employees

56

What sector is Direxion Daily Technology Bear 3X Shares in?

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Sector

ETF

Where is the head office for Direxion Daily Technology Bear 3X Shares?

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Head Office

New York, United States

What year was Direxion Daily Technology Bear 3X Shares founded?

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Year Founded

2008

What does Direxion Daily Technology Bear 3X Shares specialise in?

/Inverse ETF /Daily Leveraged /Technology Sector /Short Strategy /Liquid Investment /Volatility Exposure

What are the products and/or services of Direxion Daily Technology Bear 3X Shares?

Overview of Direxion Daily Technology Bear 3X Shares offerings
Leveraged ETFs providing triple the inverse daily performance of an index related to technology stocks.
Educational resources about leveraged and inverse ETFs.
Daily and historical performance tracking tools for investors.
Risk management strategies for trading leveraged ETFs.
Investment strategies webinar series tailored for bear and bull markets in technology.
Customer support services for ETF trading inquiries and assistance.