Payable for investments purchased Direxion Shares Exchange Traded Fund Trust - Daily Real Estate Bull 3X Shares is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses that correspond to the MSCI US REIT Indexsm. As of Oct 31 2015, the Fund's total assets were $118,859,645 and the Fund's investments portfolio was valued at $80,048,093. We show 151 historical shares outstanding datapoints in our coverage of DRN's shares outstanding history.
Understanding the changing numbers of DRN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DRN versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DRN by allowing them to research DRN shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
