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DRMarket Vectors Double Short Euro ETN logo

Market Vectors Double Short Euro ETN (DRR)

New York Stock Exchange Arca · Currency in USD
$65.00 ▼ -2.00 (-2.99%)
At close: Apr 29, 2:22 PM ET. Market closed.

Summary

Previous Close
$67.00
Open
$65.00
Day's Range
$65.00 – $65.00
52 Week Range
$52.60 – $83.04
Volume
343
Avg. Volume
429
Market Cap
$8.63M
Beta (5Y Monthly)
7.00
PE Ratio (TTM)
--
EPS (TTM)
--
Earnings Date
--
Forward Dividend & Yield
--
Ex-Dividend Date
--
1y Target Est
--

Profile: Market Vectors Double Short Euro ETN

Sector
Financial Services
Industry
Asset Management - Leveraged
Full-time employees
--
CEO
--
Website
--

This investment vehicle seeks to track the returns of the Double Short Euro Index, accounting for all associated costs. Due to its two-fold leverage, the index is designed to generally increase by 2% for every 1% decline in the euro's value relative to the U.S. dollar. Conversely, if the euro strengthens by 1% against the U.S. dollar, the index is typically expected to decrease by 2%.

Earnings

No earnings history available.

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Data: Financial Modeling Prep. For information only, not investment advice.