Direxion Announces Reverse Split of JDST, SOXS, DUST, HIBS, MUD & TSLS

New York, United States, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Direxion , a leading provider of ETFs for tactical traders, has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Junior Gold Miners Index Bear 2X Shares, Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily Gold Miners Index Bear 2X Shares, Daily S&P 500 High Beta Bear 3X Shares, Direxion Daily MU Bear 1X Shares and Direxion Daily TSLA Bear 1X Shares, (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below.After the close of the markets on March 4, 2026 (the “Effective Date”), each Fund will effect a reverse split of its issued and outstanding shares as follows: Please note the CUSIP changes, effective March 5, 2026: As a result of these reverse splits, every twenty, or ten shares of a Fund will be exchanged for one share as indicated in the table above. Accordingly, the total number of the issued and outstanding shares for a Fund will decrease by the approximate percentage indicated above. In addition, the per share net asset value (“NAV”) and next day's opening market price will be approximately twenty, or ten-times higher for the Funds. Shares of the Funds will begin trading on their respective listing exchange (the “Exchange”) on a split-adjusted basis on March 5, 2026.The next day's opening market value of the Funds' issued and outstanding shares, and thus a shareholder's investment value, will not be affected by the reverse split. The table below illustrates the effect of a hypothetical one-for-twenty or one-for-ten reverse split anticipated for the Funds: 1-for-20 Reverse Split

GlobeNewsWire • Feb 5, 2026

Top Performing Leveraged/Inverse ETFs: 02/01/2026

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

ETF Trends • Feb 3, 2026

1 ETF to Buy and Hold for 2026 and 1 to Avoid

The VanEck Semiconductor ETF has been one of the best-performing funds over the past decade, and it's at the center of the AI boom. The Direxion Daily Junior Gold Miners Index Bear 2X Shares ETF has many red flags.

The Motley Fool • Dec 15, 2025

Mining for Golden Opportunities? Try These 4 ETFs

Gold has had a strong run in 2025, benefiting miners in the process. But does the rally still have legs or will it slow down to a proverbial crawl?

ETF Trends • Dec 11, 2025

5 Worst Performing ETFs of 2025 So Far

Leveraged ETFs that have shorted some of the year's winningest sectors have lost more than 80% of their value. Strategy (MSTR), formerly MicroStrategy, has seen its bubble burst in 2025.

The Motley Fool • Dec 10, 2025

Top Performing Leveraged/Inverse ETFs: 10/26/2025

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

ETF Trends • Oct 29, 2025

Top Performing Leveraged/Inverse ETFs: 06/22/2025

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

ETF Trends • Jun 24, 2025

Ongoing Gold Momentum Can Propel JNUG

Gold prices are up 8% for the year after taking a breather towards the tail end of 2024 following the election of President Trump. The precious metal sustaining its rally could continue to feed gains for gold-focused ETFs.

ETF Trends • Feb 13, 2025

Top Performing Leveraged/Inverse ETFs: 11/17/2024

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

ETF Trends • Nov 19, 2024

Top Performing Leveraged/Inverse ETFs: 11/03/2024

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

ETF Trends • Nov 6, 2024