Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Up 76.7% in June

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUGet Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 13,747 shares, an increase of 76.7% from the May 31st total of 7,780 shares. Approximately 2.9% of the shares of the company are short sold. Based on an average daily trading volume, of 42,240 shares, the short-interest ratio is currently 0.3 days.

Direxion Daily BA Bull 2X Shares Trading Up 2.5%

Shares of BOEU stock opened at $34.64 on Thursday. Direxion Daily BA Bull 2X Shares has a 12 month low of $26.38 and a 12 month high of $52.46. The stock has a 50 day moving average of $37.16 and a 200-day moving average of $39.07.

Direxion Daily BA Bull 2X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued 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 1.7%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in shares of Direxion Daily BA Bull 2X Shares in the fourth quarter valued at about $302,000. Optiver Holding B.V. grew its position in Direxion Daily BA Bull 2X Shares by 59.3% during the first 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 in the last quarter. Finally, Bank of America Corp DE bought a new position in Direxion Daily BA Bull 2X Shares during the second quarter valued at about $1,002,000.

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.

Featured Articles

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.