Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL) Short Interest Up 62.9% in December

Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 65,002 shares, an increase of 62.9% from the November 30th total of 39,903 shares. Currently, 7.4% of the company’s shares are sold short. Based on an average trading volume of 100,707 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 100,707 shares, the short-interest ratio is presently 0.6 days. Currently, 7.4% of the company’s shares are sold short.

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

Several hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily LLY Bull 2X Shares in the 1st quarter valued at approximately $585,000. SBI Securities Co. Ltd. acquired a new stake in Direxion Daily LLY Bull 2X Shares in the third quarter worth $30,000. Optiver Holding B.V. raised its holdings in Direxion Daily LLY Bull 2X Shares by 55.6% in the third quarter. Optiver Holding B.V. now owns 40,082 shares of the company’s stock worth $667,000 after purchasing an additional 14,329 shares during the period. Virtu Financial LLC bought a new position in shares of Direxion Daily LLY Bull 2X Shares during the third quarter worth $934,000. Finally, Susquehanna International Group LLP grew its holdings in shares of Direxion Daily LLY Bull 2X Shares by 148.0% in the 3rd quarter. Susquehanna International Group LLP now owns 38,520 shares of the company’s stock valued at $641,000 after buying an additional 22,987 shares during the period.

Direxion Daily LLY Bull 2X Shares Stock Performance

Direxion Daily LLY Bull 2X Shares stock traded up $0.08 during trading hours on Friday, reaching $28.51. 47,867 shares of the company’s stock traded hands, compared to its average volume of 127,386. Direxion Daily LLY Bull 2X Shares has a fifty-two week low of $11.50 and a fifty-two week high of $34.28. The firm’s 50 day moving average is $26.50 and its 200-day moving average is $20.62.

Direxion Daily LLY Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd will be issued a dividend of $0.1321 per share. This represents a $0.53 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Direxion Daily LLY Bull 2X Shares Company Profile

Direxion Shares ETF Trust – Direxion Daily LLY Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.