By: Benzinga
July 24, 2013 at 15:41 PM EDT
Direxion Announces Forward, Reverse Splits on 9 ETFs
Direxion, the second-largest issuer of inverse and leveraged ETFs, said Wednesday it will reverse split seven of its ETFs. Two of the firm's ETFs will undergo traditional forward splits. The Direxion Daily India Bull 3X Shares (NYSE: INDL ), Direxion Daily Real Estate Bear 3X Shares (NYSE: DRV ),
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