Energy sector is trading sharply down, and it is hurting the price of energy related bull ETFs. Oil Service HOLDRs (ETF) OIH is down more than 6.5% on a heavy volume. With 8.3M traded shares, it is already close to its average volume of 9.31M shares.
Direxion Daily Energy Bull 3X Shares(ETF) ERX dropped 5.4% so far, while ProShares Ultra Oil & Gas (ETF)
DIG fell approximately 3.95%.
Direxion Daily Small Cap Bull 3X Shares(ETF) TNA is also struggling today. It is trading 3% down.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in