Direxion Daily CSCO Bear 1X Shares (CSCS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
14.01 USD
+0.33
(2.380%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:12 a.m. EDT
This inverse leveraged product is currently trading at a significant discount to its moving averages, suggesting a temporary oversold condition rather than a structural opportunity. The recent price action shows a sharp decline from the $14.22 range to lows near $12.79, indicating strong selling pressure in the short term. However, the underlying asset, Cisco, is positioned to benefit from the sovereign AI megatrend, which supports a neutral-to-positive long-term outlook for the equity itself, making this inverse play less attractive for a long-term hold despite the current cheapness. The dividend yield of 3.51% is misleading; it is an artifact of the falling share price and does not represent sustainable income, as these leveraged funds typically distribute capital gains or losses rather than true earnings. With zero historical price data available to assess multi-year trajectories, the long-term assessment defaults to neutral, while the short-term signal remains bearish due to the prevailing downward momentum. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.027372 |
| AutoETS | 0.027796 |
| AutoTheta | 0.049659 |
| AutoARIMA | 0.067590 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 0.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.010 |
| Excess Kurtosis | 0.23 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.77% | 2.95% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.110 | 0.773558 |
| 2026-06-23 | 0.110 | 0.854037 |
| 2026-03-24 | 0.128 | 0.634291 |
| 2025-12-23 | 0.147 | 0.685634 |
| 2025-09-23 | 0.227 | 0.908727 |
| Attribute | Value |
|---|---|
| All Time High | 25.62 |
| All Time Low | 12.08 |
| Ask | 16.03 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 28,520 |
| Average Daily Volume3 Month | 15,459 |
| Average Volume | 15,459 |
| Average Volume10Days | 28,520 |
| Beta3 Year | 0.0 |
| Bid | 8.85 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.0107 |
| Day Low | 13.87 |
| Display Name | Daily CSCO Bear 1X Shares |
| Dividend Yield | 3.51 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.63546 |
| Fifty Day Average Change | 0.37524033 |
| Fifty Day Average Change Percent | 0.027519448 |
| Fifty Two Week Change Percent | -42.83925 |
| Fifty Two Week High | 23.95 |
| Fifty Two Week High Change | -9.939301 |
| Fifty Two Week High Change Percent | -0.4150021 |
| Fifty Two Week Low | 12.08 |
| Fifty Two Week Low Change | 1.9307003 |
| Fifty Two Week Low Change Percent | 0.15982619 |
| Fifty Two Week Range | 12.08 - 23.95 |
| First Trade Date Milliseconds | 1,750,858,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.3256998 |
| Fullday Change Percent | 2.385677 |
| Fullday Price | 14.0107 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,750,723,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-06-25 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to CSCO, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily CSCO Bear 1X Shares |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_1944167387 |
| Nav Price | 13.697 |
| Net Assets | 2,113,291.0 |
| Net Expense Ratio | 1.0 |
| Open | 13.87 |
| Phone | 866-476-7523 |
| Previous Close | 13.685 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.3256998 |
| Regular Market Change Percent | 2.3799765 |
| Regular Market Day High | 14.0107 |
| Regular Market Day Low | 13.87 |
| Regular Market Day Range | 13.87 - 14.0107 |
| Regular Market Open | 13.87 |
| Regular Market Previous Close | 13.685 |
| Regular Market Price | 14.0107 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 12,131 |
| Short Name | Direxion Daily CSCO Bear 1X ETF |
| Source Interval | 15 |
| Symbol | CSCS |
| Total Assets | 2,113,291 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 7.31017 |
| Trailing Three Month Returns | 7.31017 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.615545 |
| Two Hundred Day Average Change | -2.604845 |
| Two Hundred Day Average Change Percent | -0.15677157 |
| Type Disp | ETF |
| Volume | 12,131 |
| Yield | 0.035099998 |
| Ytd Return | -33.7197 |