Benzinga's Top ETF Gainers, February 29th (ZSL, DZZ, TZA)
ProShares UltraShort Silver (ETF)(NYSEARCA: ZSL) spiked 12.02% on Wednesday, and it closed at $9.41. ZSL had a volume of 20.82M traded shares, and its average volume is 6.26M shares.
PowerShares DB Gold Double Short ETN(NYSEARCA: DZZ) gained 11.83% as gold futures traded sharply lower. Gold plunged as Ben Bernanke didn't announce further quantitative easing in his testimony prepared for the House Financial Services Committee.
Direxion Daily Small Cap Bear 3X Shares (NYSEARCA: TZA) traded 4.78% higher as the Russell 2000 Index lost 1.56%. TZA closed at $19.50, and it had a volume of 34.02M traded shares.
Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) jumped 4.35%, and it closed at $33.81. In the semiconductor space, MEMC Electronic Materials, Inc. (NYSE: WFR) dropped 5.53%, and Applied Materials, Inc. (NASDAQ: AMAT) fell 2.47%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.