Direxion Announces Six Reverse Splits, Including Gold Miners ETFs

The reverse splits will be effective at the open of the market on September 10, 2015.

“In addition, the per-share net asset value (“NAV”) and next day’s opening market price will be approximately 10, five or four times higher for the Funds. Shares of the Funds will begin trading on NYSE Arca, Inc. (“NYSE Arca”) on a split-adjusted basis on September 10, 2015 (the “Effective Date”),” according to a statement issued by Direxion.

Direxion Daily Gold Miners Bull 3X Shares