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

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUGet Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 13,747 shares, an increase of 76.7% from the May 31st total of 7,780 shares. Based on an average daily trading volume, of 42,240 shares, the short-interest ratio is currently 0.3 days. Approximately 2.9% of the shares of the company are sold short.

Direxion Daily BA Bull 2X Shares Price Performance

BOEU stock opened at $36.89 on Friday. Direxion Daily BA Bull 2X Shares has a one year low of $26.38 and a one year high of $52.46. The company’s fifty day moving average price is $37.17 and its 200-day moving average price is $39.08.

Direxion Daily BA Bull 2X Shares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.1486 per share. This represents a $0.59 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, June 23rd.

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

Several hedge funds have recently bought and sold shares of BOEU. Bank of America Corp DE purchased a new position in shares of Direxion Daily BA Bull 2X Shares during the second quarter valued at $1,002,000. Jane Street Group LLC purchased a new position in shares of Direxion Daily BA Bull 2X Shares in the fourth quarter worth about $302,000. Finally, Optiver Holding B.V. raised its holdings in shares of Direxion Daily BA Bull 2X Shares by 59.3% during the first quarter. Optiver Holding B.V. now owns 14,862 shares of the company’s stock worth $452,000 after purchasing an additional 5,535 shares during the last quarter.

Direxion Daily BA Bull 2X Shares Company Profile

(Get Free Report)

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.

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