Yahoo · Jul 27, 2026
Oil Supply Shock: Can Weak Demand Help?
Middle East oil supply disruptions deepen, but weak demand is capping crude prices. Could inverse oil ETFs benefit if softness in demand persists?
DR
NASDAQ · DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Financial Services · Asset Management - Leveraged
$28.83
Down-$1.29 (-4.28%)
Updated Nov 1, 2026, 7:44 PM
SID Score
4.5/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 47.27M
- P/E ratio
- —
- Dividend yield
- 0.91%
- 52-week range
- $3.77 – $51.90
- Volume
- 1.47M
- Avg. volume
- 4.18M
Price performance · DRIP
DRIP price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
DRIP closed at $28.83 after 20 trading sessions, down 16.14% for the selected period.
- Last close
- $28.83
- Period change
- -16.14%
- Period low
- $28.62
- Period high
- $34.38
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $29.66 | $29.80 | $28.79 | $28.83 | 1.47M |
| Oct 29, 2026 | $29.62 | $30.575 | $29.50 | $30.12 | 912.58K |
| Oct 28, 2026 | $29.40 | $30.12 | $29.3004 | $29.83 | 851.48K |
| Oct 27, 2026 | $28.98 | $30.22 | $28.57 | $29.93 | 1.53M |
| Oct 26, 2026 | $29.91 | $29.91 | $28.225 | $28.62 | 2.68M |
| Oct 23, 2026 | $30.64 | $30.93 | $28.91 | $29.49 | 1.58M |
| Oct 22, 2026 | $29.89 | $32.14 | $29.80 | $31.00 | 1.15M |
| Oct 21, 2026 | $30.23 | $30.90 | $29.84 | $30.37 | 780.86K |
| Oct 20, 2026 | $29.65 | $31.18 | $29.55 | $30.07 | 905.11K |
| Oct 19, 2026 | $30.39 | $30.39 | $29.35 | $30.18 | 666.97K |
| Oct 16, 2026 | $31.16 | $31.485 | $29.8705 | $29.91 | 800.75K |
| Oct 15, 2026 | $30.79 | $31.97 | $30.72 | $31.65 | 671.57K |
| Oct 14, 2026 | $29.92 | $30.8857 | $29.82 | $30.72 | 615.64K |
| Oct 13, 2026 | $31.56 | $31.67 | $30.06 | $30.15 | 949.97K |
| Oct 12, 2026 | $31.96 | $32.33 | $31.45 | $32.00 | 565.79K |
| Oct 9, 2026 | $32.51 | $33.02 | $31.56 | $32.89 | 883.05K |
| Oct 8, 2026 | $32.81 | $33.04 | $32.06 | $32.23 | 1.05M |
| Oct 7, 2026 | $33.60 | $34.69 | $33.00 | $34.16 | 612.74K |
| Oct 6, 2026 | $34.79 | $35.03 | $33.71 | $33.96 | 721.78K |
| Oct 5, 2026 | $35.35 | $36.22 | $33.72 | $34.38 | 775.55K |
Latest DRIP news
The latest Smart Investors Daily articles mentioning DRIP.
Stock researchCompany · Overview
Company
Market Activity
Research & News
DRIP research
Overview
Company profile and research snapshot.
Company profile
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the GICS. The fund is non-diversified.
Analyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
News briefing
No generated briefing is available yet.
Yahoo · Jul 6, 2026
U.S.-Iran Peace Deal Sparks Supply Surge: ETFs to Gain
A U.S.-Iran peace deal is flooding markets with crude, sending oil prices lower and boosting the case for inverse energy ETFs.
SeekingAlpha · Jul 2, 2026
DRIP: A Leveraged Tool For An Energy Correction
DRIP offers highly liquid, leveraged exposure to declines in energy stocks; read more on the DRIP ETF here.
SeekingAlpha · Jan 13, 2026
DRIP: Looking At The Structure And Suitability Of This Leveraged Inverse ETF
DRIP ETF aims for -200% daily of oil & gas E&P stocks, intended for daily use only.
AI research layers
Interpretive context generated from the platform’s current data sources.
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