Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Sees Significant Decrease in Short Interest

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUGet Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,985 shares, a decline of 63.7% from the June 15th total of 13,747 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 16,609 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Direxion Daily BA Bull 2X Shares

A number of institutional investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new position in Direxion Daily BA Bull 2X Shares in the second quarter worth $1,002,000. Optiver Holding B.V. lifted its holdings in Direxion Daily BA Bull 2X Shares by 59.3% in the first quarter. Optiver Holding B.V. now owns 14,862 shares of the company’s stock valued at $452,000 after acquiring an additional 5,535 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Direxion Daily BA Bull 2X Shares during the 4th quarter worth $302,000.

Direxion Daily BA Bull 2X Shares Stock Performance

NASDAQ BOEU opened at $33.45 on Tuesday. The company has a fifty day moving average of $36.66 and a two-hundred day moving average of $39.09. Direxion Daily BA Bull 2X Shares has a 1 year low of $26.38 and a 1 year high of $52.46.

Direxion Daily BA Bull 2X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.1486 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, June 23rd.

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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