Direxion Daily PANW Bull 2X Shares (NASDAQ:PALU) Short Interest Down 43.8% in September

Posted by George Bondi on Oct 5th, 2025

Direxion Daily PANW Bull 2X Shares (NASDAQ:PALU – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 25,200 shares, a drop of 43.8% from the August 31st total of 44,800 shares. Based on an average daily trading volume, of 84,100 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 84,100 shares, the days-to-cover ratio is currently 0.3 days.

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

An institutional investor recently bought a new position in Direxion Daily PANW Bull 2X Shares stock. Goldman Sachs Group Inc. bought a new stake in Direxion Daily PANW Bull 2X Shares (NASDAQ:PALU – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $502,000. Goldman Sachs Group Inc. owned approximately 16.67% of Direxion Daily PANW Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily PANW Bull 2X Shares Stock Down 2.1%

Shares of PALU stock opened at $25.65 on Friday. The company has a market capitalization of $12.06 million and a P/E ratio of 60.46. The company has a 50 day moving average of $22.12. Direxion Daily PANW Bull 2X Shares has a fifty-two week low of $14.82 and a fifty-two week high of $27.53.

Direxion Daily PANW Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were given a dividend of $0.1501 per share. This is a boost from Direxion Daily PANW Bull 2X Shares’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%.

Direxion Daily PANW Bull 2X Shares Company Profile

(Get Free Report)

Direxion Shares ETF Trust – Direxion Daily PANW 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. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors.