Benzinga's Top ETF Decliners, June 29th (TVIX, FAZ, ZSL, SCO)

VelocityShares Daily 2x VIX Short Term ETN TVIX dropped 9.84% on Wednesday, and it closed at $19.33. This was the third trading session in a row that TVIX closed lower. Direxion Daily Financial Bear 3X Shares(ETF) FAZ traded 7.19% lower on the news that Bank of America Corporation BAC has reached an agreement to repurchase mortgage backed securities. Bank of America Corporation (BAC) gained 2.96% today, and Citigroup Inc. C added 3.36%. ProShares UltraShort Silver (ETF) ZSL dropped 5.95%, and it closed at $18.82 as silver traded higher. ZSL had a volume of 9.55M traded shares, and its average volume is 16.89M shares. ProShares UltraShort DJ-UBS Crude Oil ETF SCO lost 4.29% today as crude oil traded higher on the news that Greek parliament voted for austerity measures.