By: ETF Channel
April 04, 2013 at 13:01 PM EDT
TZA, YANG: Big ETF Outflows
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Daily Small Cap Bear 3x Shares (TZA), which shed 71,854,488 shares, or a 75.6% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily China Bear 3x Shares (YANG), which lost 630,001 of its shares, for a whopping 78.8% decline in outstanding shares.
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