Doubt it. That trade is speculators probably hedging the oil trade in some way.
3X ETF's don't move a ma $FAS $FAZ http://t.co/mDxDAG6of6
Direxion Daily Financial Bear 3X Shares is an exchange-traded fund incorporated in the USA. The Fund's objective is daily investment results, before fees and expenses, of 300% of the inverse of the price performance of the Russell 1000 Financial Index.
Insider Trading Cheat Sheet
No insider trading data available for Direxion Financial Bear 3X Shar.
Fundamental Cheat Sheet
* The data is daily updated on 5:30PM EST
Wall St. Cheat Sheet has been featured in these fine media outlets: