Direxion Daily GOOGL Bear 1X Shares (GGLS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
56.64 USD
-0.10
(-0.172%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:15 a.m. EDT
This instrument is a specialized tool for betting against Alphabet (GOOGL), not a standalone investment. The recent price action shows the fund trading below its 50-day and 200-day averages, indicating a prevailing downtrend in the underlying tech giant that has benefited the bearish position recently. However, the statistical forecast model offers only a modest upward lean for the next 45 days, suggesting the immediate tailwind may be fading. Crucially, the options data reveals a vacuum of conviction; there is no significant hedging or directional positioning by large players, making the price highly susceptible to noise and liquidity gaps. While the 2.58% dividend yield provides some income, it is negligible for a leveraged product and does not offset the risks of compounding decay or the potential for the underlying stock to rally. This is a neutral hold suitable only for tactical, short-term trades aligned with a specific view on Alphabet's near-term earnings volatility, rather than a core portfolio component. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.076209 |
| MSTL | 0.083635 |
| AutoETS | 0.087200 |
| AutoARIMA | 0.088023 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 1.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.038 |
| Excess Kurtosis | 1.32 |
As of Oct. 10, 2026, 2:15 a.m. EDT: Speculator positioning is extremely thin and fragmented across expirations, offering no clear directional consensus. Call volume is heavily skewed toward deep out-of-the-money strikes (strikes around 6-7), which likely represent speculative bets on massive volatility events rather than directional bias given their distance from the current price. Put activity is similarly sparse, with open interest concentrated at strikes far below the current level. The lack of meaningful open interest or volume at near-the-money strikes suggests the market is currently avoiding directional exposure on this leveraged inverse product.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.66% | 2.90% | 3.35% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.375 | 0.658045 |
| 2026-06-23 | 0.330 | 0.558376 |
| 2026-03-24 | 0.530 | 0.731034 |
| 2025-12-23 | 0.640 | 0.948851 |
| 2025-09-23 | 0.210 | 0.244186 |
| 2025-06-24 | 1.460 | 1.114504 |
| 2025-03-25 | 0.990 | 0.744921 |
| 2024-12-23 | 1.190 | 1.005068 |
| 2024-09-24 | 1.240 | 0.860513 |
| 2024-06-25 | 2.020 | 1.579359 |
| 2024-03-19 | 0.790 | 0.486154 |
| 2023-12-21 | 1.910 | 1.116959 |
| 2023-09-19 | 3.060 | 1.739625 |
| 2023-06-21 | 2.770 | 1.356513 |
| 2023-03-21 | 2.250 | 0.948167 |
| 2022-12-20 | 0.480 | 0.166957 |
| 2022-09-20 | 0.100 | 0.038110 |
| Attribute | Value |
|---|---|
| All Time High | 311.79 |
| All Time Low | 14.586 |
| Ask | 59.45 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 111,820 |
| Average Daily Volume3 Month | 121,878 |
| Average Volume | 121,878 |
| Average Volume10Days | 111,820 |
| Beta3 Year | -1.12 |
| Bid | 51.15 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 56.9 |
| Day Low | 55.9981 |
| Display Name | Daily GOOGL Bear 1X Shares |
| Dividend Yield | 2.58 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 58.11952 |
| Fifty Day Average Change | -1.4769173 |
| Fifty Day Average Change Percent | -0.025411725 |
| Fifty Two Week Change Percent | -35.557323 |
| Fifty Two Week High | 89.9 |
| Fifty Two Week High Change | -33.2574 |
| Fifty Two Week High Change Percent | -0.36993772 |
| Fifty Two Week Low | 50.65 |
| Fifty Two Week Low Change | 5.9925995 |
| Fifty Two Week Low Change Percent | 0.11831391 |
| Fifty Two Week Range | 50.65 - 89.9 |
| First Trade Date Milliseconds | 1,663,335,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.097400665 |
| Fullday Change Percent | -0.17182066 |
| Fullday Price | 56.6426 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,662,422,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the it’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 GOOGL, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily GOOGL Bear 1X Shares |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146311 |
| Nav Price | 56.78 |
| Net Assets | 13,224,518.0 |
| Net Expense Ratio | 1.02 |
| Open | 56.42 |
| Phone | 866-476-7523 |
| Previous Close | 56.74 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.097400665 |
| Regular Market Change Percent | -0.17166138 |
| Regular Market Day High | 56.9 |
| Regular Market Day Low | 55.9981 |
| Regular Market Day Range | 55.9981 - 56.9 |
| Regular Market Open | 56.42 |
| Regular Market Previous Close | 56.74 |
| Regular Market Price | 56.6426 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 97,326 |
| Short Name | Direxion Daily GOOGL Bear 1X ET |
| Source Interval | 15 |
| Symbol | GGLS |
| Three Year Average Return | -0.2909917 |
| Total Assets | 13,224,518 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.58658 |
| Trailing Three Month Returns | 1.58658 |
| Triggerable | 1 |
| Two Hundred Day Average | 61.272755 |
| Two Hundred Day Average Change | -4.6301537 |
| Two Hundred Day Average Change Percent | -0.07556627 |
| Type Disp | ETF |
| Volume | 97,326 |
| Yield | 0.025799999 |
| Ytd Return | -13.15606 |