Direxion has announced it will execute reverse share splits for 8 of its ETFs, as well as forward share splits for another 7 ETFs.
8 Reverse Splits:
| Fund Name | Ticker | Reverse Split Ratio |
| Direxion Daily S&P 500 Bear 1X Shares | SPDN | 1 for 2 |
| Direxion Daily Gold Miners Index Bull 3X Shares | NUGT | 1 for 4 |
| Direxion Daily Junior Gold Miners Index Bull 3X Shares | JNUG | 1 for 4 |
| Direxion Daily Junior Gold Miners Index Bear 3X Shares | JDST | 1 for 4 |
| Direxion Daily Semiconductor Bear 3X Shares | SOXS | 1 for 5 |
| Direxion Daily Regional Banks Bear 3X Shares | WDRW | 1 for 5 |
| Direxion Daily Russia Bear 3X Shares | RUSS | 1 for 5 |
| Direxion Daily S&P 500 Bear 3X Shares | SPXS | 1 for 5 |
The splits are effective at the open of the market on May 1, 2017.
7 Forward Splits:
| Fund Name | Ticker | Forward Split Ratio |
| Direxion Daily S&P 500 Bull 3X Shares | SPXL | 4 for 1 |
| Direxion Daily Latin America Bull 3X Shares | LBJ | 4 for 1 |
| Direxion Daily Small Cap Bull 3X Shares | TNA | 2 for 1 |
| Direxion Daily Russia Bull 3X Shares | RUSL | 2 for 1 |
| Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares | GUSH | 2 for 1 |
| Direxion All Cap Insider Sentiment Shares | KNOW | 2 for 1 |
| Direxion NASDAQ-100 Equal Weighted Index Shares | QQQE | 2 for 1 |
All share splits will apply to shareholders of record as of the close of NYSE Arca, Inc. on April 27, 2017 (Record Date), payable after the close of the NYSE Arca on the payable date, April 28, 2017. Shares of the Funds will begin trading on the NYSE Arca on a split-adjusted basis on May 1, 2017 (Ex-Date).