Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Update

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 16,221 shares, a growth of 83.8% from the January 29th total of 8,823 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average daily volume of 36,432 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 36,432 shares, the short-interest ratio is currently 0.4 days. Approximately 2.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Direxion Daily BA Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE acquired a new position in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned about 8.93% of Direxion Daily BA Bull 2X Shares at the end of the most recent reporting period.

Direxion Daily BA Bull 2X Shares Price Performance

Shares of NASDAQ:BOEU traded down $0.64 during trading on Friday, hitting $40.99. The company’s stock had a trading volume of 22,453 shares, compared to its average volume of 50,350. The company has a 50-day moving average of $44.34 and a 200-day moving average of $40.83. Direxion Daily BA Bull 2X Shares has a 12 month low of $26.38 and a 12 month high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1948 per share. This represents a $0.78 dividend on an annualized basis and a yield of 1.9%. This is a positive change from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12. The ex-dividend date was Tuesday, December 23rd.

About Direxion Daily BA Bull 2X Shares

The Direxion Daily BA Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of The Boeing Company (NYSE: BA). This ETF is designed for short-term tactical trading and aims to provide leveraged exposure to Boeing’s daily stock performance.