Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Shares Gap Down – Time to Sell?

Posted by Geri Gentry on Jul 14th, 2026

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $30.91, but opened at $27.85. Direxion Daily PLTR Bull 2X Shares shares last traded at $33.44, with a volume of 2,258,797 shares traded.

Direxion Daily PLTR Bull 2X Shares Stock Up 8.1%

The firm has a 50 day moving average of $33.96 and a two-hundred day moving average of $45.50.

Direxion Daily PLTR Bull 2X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, June 23rd.

Institutional Investors Weigh In On Direxion Daily PLTR Bull 2X Shares

Hedge funds have recently bought and sold shares of the business. UBS Group AG increased its holdings in Direxion Daily PLTR Bull 2X Shares by 102,945.7% during the 3rd quarter. UBS Group AG now owns 203,000 shares of the company’s stock worth $20,676,000 after purchasing an additional 202,803 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 4th quarter valued at approximately $1,356,000. Flow Traders U.S. LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the third quarter worth approximately $1,733,000. Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the first quarter worth approximately $682,000. Finally, TRUE Private Wealth Advisors bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the third quarter worth $1,164,000.

About Direxion Daily PLTR Bull 2X Shares

(Get Free Report)

The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.