Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Update

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUGet Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 28,100 shares, a decrease of 65.7% from the September 30th total of 82,000 shares. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 5.1% of the company’s stock are short sold. Currently, 5.1% of the company’s stock are short sold. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 0.6 days.

Direxion Daily BA Bull 2X Shares Stock Performance

BOEU stock opened at $34.00 on Friday. The business’s 50 day moving average price is $42.44. Direxion Daily BA Bull 2X Shares has a fifty-two week low of $27.37 and a fifty-two week high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were paid a dividend of $0.1392 per share. This is an increase from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 1.6%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE purchased a new position in shares of Direxion Daily BA Bull 2X Shares (NASDAQ:BOEUFree Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned 8.93% of Direxion Daily BA Bull 2X Shares as of its most recent filing with the SEC.

About Direxion Daily BA Bull 2X Shares

(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.

Recommended Stories

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.