Direxion Shares Exchange Traded Fund Trust - Direxion Daily Retail Bull 3X Shares is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses that correspond to the Russel 1000® Retail Index. As of Oct 31 2015, the Fund's total assets were $98,204,223 and the Fund's investments portfolio was valued at $35,265,523. We show 149 historical shares outstanding datapoints in our RETL shares outstanding history coverage, used to compute RETL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RETL market cap history over the course of time is important for investors
interested in comparing RETL's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of RETL versus a peer is one thing; comparing
RETL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RETL can fluctuate over the course of history.
With this page we aim to empower investors researching RETL by allowing them to research the RETL market cap history. |
Free RETL Email Alerts:
Video: The Importance of Market Cap
