International Business Times

Benzinga's Top ETF Decliners, January 10th (ZSL, EDZ, FAZ, TZA)

By Craig Jones

January 10, 2012 11:33 PM GMT

ProShares UltraShort Silver (ETF) (NYSEARCA: ZSL) fell 6.64% on Tuesday, and it closed at $13.50. Silver traded higher today as euro slightly gained in value against the U.S. dollar.

Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSEARCA: EDZ) dropped 6.46% today as Itau Unibanco Holding SA (ADR) (NYSE: ITUB) jumped 2.39%, and Petroleo Brasileiro SA (ADR) (NYSE: PBR) gained 2.12%.

Direxion Daily Financial Bear 3X Shares(ETF) (NYSEARCA: FAZ) lost 5.22%, and it closed at $32.33. In the financial space, Bank of America Corp (NYSE: BAC) spiked 5.74%, and Citigroup Inc. (NYSE: C) gained 3.16%.

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA: TZA) slipped 4.35% today as the Russell 2000 Index traded higher. TZA closed at $23.96, and it had a volume of 22.64M traded shares.

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