FXI, LABD: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
0mins
Source: NASDAQ.COM
ETF Outflow Details: The Direxion Daily S&P Biotech Bear 3X Shares ETF experienced the largest outflow, losing 5.9 million units, which is a 36.1% decrease in outstanding units compared to the previous week.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
Analyst Views on FXI
Wall Street analysts forecast FXI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 39.340
Low
Averages
High
Current: 39.340
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
