Direxion Daily PANW Bull 2X Shares (NASDAQ:PALU) Sees Significant Growth in Short Interest

Posted by Francis Steltz on Aug 27th, 2026

Direxion Daily PANW Bull 2X Shares (NASDAQ:PALU – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 17,614 shares, an increase of 981.3% from the July 30th total of 1,629 shares. Based on an average daily volume of 106,214 shares, the short-interest ratio is presently 0.2 days. Currently, 3.1% of the company’s stock are sold short.

Institutional Trading of Direxion Daily PANW Bull 2X Shares

Several hedge funds and other institutional investors have recently bought and sold shares of PALU. Parallel Advisors LLC boosted its stake in shares of Direxion Daily PANW Bull 2X Shares by 128.6% during the 1st quarter. Parallel Advisors LLC now owns 4,000 shares of the company’s stock worth $50,000 after acquiring an additional 2,250 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Direxion Daily PANW Bull 2X Shares in the 1st quarter worth about $502,000. Finally, Optiver Holding B.V. raised its holdings in Direxion Daily PANW Bull 2X Shares by 17.5% in the 1st quarter. Optiver Holding B.V. now owns 43,171 shares of the company’s stock worth $544,000 after purchasing an additional 6,419 shares during the period.

Direxion Daily PANW Bull 2X Shares Stock Performance

PALU stock traded up $10.13 during trading on Thursday, reaching $58.87. The company had a trading volume of 54,225 shares, compared to its average volume of 144,152. The company has a market cap of $33.56 million, a price-to-earnings ratio of 60.46 and a beta of 3.19. Direxion Daily PANW Bull 2X Shares has a twelve month low of $9.85 and a twelve month high of $67.86. The firm has a 50-day simple moving average of $50.85 and a 200-day simple moving average of $30.23.

Direxion Daily PANW Bull 2X Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.1182 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.47 dividend on an annualized basis and a dividend yield of 0.8%.

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. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.