Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Down 62.3% in August

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUGet Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 6,281 shares, a decline of 62.3% from the July 30th total of 16,657 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 24,093 shares, the short-interest ratio is currently 0.3 days.

Direxion Daily BA Bull 2X Shares Trading Down 0.3%

Shares of Direxion Daily BA Bull 2X Shares stock traded down $0.09 during trading hours on Friday, reaching $30.61. The stock had a trading volume of 42,217 shares, compared to its average volume of 39,890. Direxion Daily BA Bull 2X Shares has a twelve month low of $26.38 and a twelve month high of $51.88. The stock’s 50 day moving average is $34.69 and its 200 day moving average is $36.67.

Direxion Daily BA Bull 2X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.1486 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.59 dividend on an annualized basis and a yield of 1.9%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE purchased a new stake in shares of Direxion Daily BA Bull 2X Shares during the second quarter worth about $1,002,000. Jane Street Group LLC purchased a new position in Direxion Daily BA Bull 2X Shares in the 4th quarter valued at about $302,000. Finally, Optiver Holding B.V. boosted its holdings in Direxion Daily BA Bull 2X Shares by 59.3% in the 1st quarter. Optiver Holding B.V. now owns 14,862 shares of the company’s stock worth $452,000 after buying 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.

Recommended Stories

Receive News & Ratings for Direxion Daily BA Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily BA Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.