Direxion Daily Real Estate Bear 3X (ETF) DRV continued to move higher on Thursday. Today's trading session was the third consecutive trading session that DRV closed in the positive territory. DRV gained 8.11% today, and closed at $25.05. In the space, Simon Property Group, Inc SPG fell 2.64%, and Kimco Realty Corporation KIM dropped 3.42%.
Direxion Daily Financial Bear 3X Shares(ETF) FAZ jumped 5.20%, as Wells Fargo & Company WFC lost 2.98%, and Citigroup Inc. C dropped 2.06%.
Direxion Small Cap Bear 3X Shares (ETF) TZA closed 3.60% higer on the weakness in the Russell 2000 Index. TZA closed at $29.61, and had a volume of 26.55M traded shares.
ProShares UltraShort Financials (ETF) SKF is another bear market financial ETF that gained on weakness in the financial sector. SKF added 3.35%, and closed at $20.44.
iPath S&P 500 VIX Short-Term Futures ETN VXX jumped 3.28%, and closed at $17.62. VXX had a volume of 27.58M traded shares.
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