Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Trading Down 1.6% – Should You Sell?

Posted by Stanley Muller on Jul 16th, 2026

Shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Get Free Report) were down 1.6% on Tuesday . The company traded as low as $40.37 and last traded at $41.15. 1,089,670 shares changed hands during trading, a decline of 51% from the average daily volume of 2,217,646 shares. The stock had previously closed at $41.84.

Direxion Daily AAPL Bull 2X Shares Stock Up 3.4%

The firm’s 50 day simple moving average is $38.56 and its 200-day simple moving average is $33.35. The company has a market capitalization of $193.91 million, a PE ratio of 25.83 and a beta of 1.77.

Direxion Daily AAPL Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 2nd quarter valued at about $50,000. Safe Harbor Fiduciary LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares in the fourth quarter valued at approximately $141,000. Parallel Advisors LLC raised its stake in shares of Direxion Daily AAPL Bull 2X Shares by 107.3% during the third quarter. Parallel Advisors LLC now owns 5,080 shares of the company’s stock valued at $164,000 after purchasing an additional 2,630 shares during the period. Group One Trading LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the second quarter valued at approximately $189,000. Finally, Safeguard Investment Advisory Group LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the third quarter valued at approximately $219,000.

Direxion Daily AAPL Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.