Direxion Daily LLY Bear 1X Shares (NASDAQ:ELIS) Trading 1.7% Higher – What’s Next?

Direxion Daily LLY Bear 1X Shares (NASDAQ:ELIS) shares rose 1.7% on Friday . The stock traded as high as $21.24 and last traded at $20.84. Approximately 6,623 shares changed hands during trading, an increase of 6,523% from the average daily volume of 100 shares. The stock had previously closed at $20.49.

Direxion Daily LLY Bear 1X Shares Trading Up 1.7%

The firm’s 50-day moving average is $24.30 and its two-hundred day moving average is $25.66.

Direxion Daily LLY Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were issued a $0.1709 dividend. This represents a $0.68 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, September 23rd.

Institutional Trading of Direxion Daily LLY Bear 1X Shares

A hedge fund recently bought a new stake in Direxion Daily LLY Bear 1X Shares stock. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily LLY Bear 1X Shares (NASDAQ:ELIS) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $645,000. Goldman Sachs Group Inc. owned about 14.71% of Direxion Daily LLY Bear 1X Shares as of its most recent filing with the Securities & Exchange Commission.

About Direxion Daily LLY Bear 1X Shares

Direxion Shares ETF Trust – Direxion Daily LLY Bear 1X 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. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors.