Direxion Daily XOM Bull 2X Shares (XOMX) to Issue Quarterly Dividend of $0.16 on March 31st

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1619 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, March 24th.

Direxion Daily XOM Bull 2X Shares Stock Performance

NASDAQ:XOMX opened at $53.48 on Wednesday. Direxion Daily XOM Bull 2X Shares has a one year low of $22.13 and a one year high of $54.39. The stock has a market cap of $9.09 million, a PE ratio of 12.94 and a beta of 3.43. The stock has a 50 day moving average price of $42.76 and a 200 day moving average price of $32.83.

Institutional Trading of Direxion Daily XOM Bull 2X Shares

A hedge fund recently raised its stake in Direxion Daily XOM Bull 2X Shares stock. Optiver Holding B.V. lifted its position in shares of Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) by 107.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,747 shares of the company’s stock after buying an additional 8,657 shares during the period. Optiver Holding B.V. owned approximately 12.88% of Direxion Daily XOM Bull 2X Shares worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Direxion Daily XOM Bull 2X Shares

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.