NewsMV
Direxion has filed with the U.S.
Securities and Exchange Commission to launch the Direxion Daily SK Hynix Bull 2X ETF, ticker SKHL, giving tactical traders double the daily exposure to one of the world's largest memory chipmakers.
The product extends Direxion's existing lineup of leveraged and inverse semiconductor funds, bringing a single-stock Korean equity bet to U.S. exchange-traded product shelves.
What SKHL Does and Who It's For SKHL is structured to deliver twice the daily return of SK Hynix, the South Korean semiconductor giant that supplies DRAM and NAND flash memory to much of the global technology supply chain.
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