Direxion Daily SHOP Bear 1X ETF

SHPD

Market cap $2.78M

New York, New York, March 13, 2026 (GLOBE NEWSWIRE) -- Closures Due to Limited Interest Since Launch Due to their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close ten ETFs (each, a “Fund” and collectively, the “Funds”), based on the recommendation of the Funds' adviser, Rafferty Asset Management, LLC. The Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders.

On Wednesday, Direxion further expanded its library of leveraged and inverse ETFs with the launch of four new funds. Each of these new funds provides either leveraged or inverse results to the daily performance of one of two companies.