Markets closed sideways but ProShares Ultra Bloomberg Natural Gas, Direxion Daily FTSE China Bull 3X Shares, KraneShares CSI China Internet ETF drop and make it on this unflattering list of yesterday's losing ETFs.
After yesterday's closing bell, markets completed a mixed session yesterday while Dow Jones closed the day at 34,347, having gained 0.45%. Nasdaq slipped 0.52% and closed at 11,226.
While markets traded sideways yesterday, some ETFs suffered serious losses. Here is the list of top losers from yesterday:
KraneShares CSI China Internet ETF | Closed yesterday's session at $24
A tough session dominated by bearish sentiment left KWEB $1.1 lower, while setting a $24 to $24.45 session range.
Direxion Daily FTSE China Bull 3X Shares | Closed yesterday's session at $33.14
Direxion Daily FTSE China Bull 3X Shares's bearish run has lasted 5 days so far (-$5.22). Yesterday's session continued down the same path: Direxion Daily FTSE China Bull 3X Shares slid down from $34.94 to $33.14, taking a $1.8 loss (5.15%)
ProShares Ultra Bloomberg Natural Gas | -7.16% at $50.69
After a mostly steady day, ProShares Ultra Bloomberg Natural Gas lost 7.16% deep into the session, ending up at $50.69.