Direxion Daily S&P Biotech Bear 3x Shares ETF rStock RLABD
RLABD
7.550
$
0.00 %
Change 24h
Market Cap
$ 229.55
Volume 24h
$ 99.88
Circulating Supply
30
Total Supply
30
RLABD
$
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Description
LABD is an inverse 3x leveraged ETF tracking -300% of the daily performance of the S&P Biotechnology Select Industry Index. This tool is typically deployed for precise sectoral shorting when tightening pharmaceutical regulations or sharply rising macro interest rates place severe valuation pressure on growth-stage biotech companies.