Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Shares Up 3.4% – Here’s What Happened

Posted by Nicole Kennedy on May 3rd, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report) shot up 3.4% during mid-day trading on Friday . The company traded as high as $10.00 and last traded at $9.72. 35,227 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 52,455 shares. The stock had previously closed at $9.40.

Direxion Daily COIN Bull 2X ETF Stock Performance

The company’s fifty day moving average is $9.95.

Direxion Daily COIN Bull 2X ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a $0.0689 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.8%.

Institutional Trading of Direxion Daily COIN Bull 2X ETF

An institutional investor recently bought a new position in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. bought a new stake in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned approximately 0.12% of Direxion Daily COIN Bull 2X ETF at the end of the most recent quarter. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Direxion Daily COIN Bull 2X ETF Company Profile

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.