Direxion Daily GOOGL Bull 2X Shares Target of Unusually High Options Trading (NASDAQ:GGLL)

Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) saw some unusual options trading activity on Friday. Stock traders purchased 1,996 call options on the company. This represents an increase of approximately 132% compared to the typical daily volume of 860 call options.

Direxion Daily GOOGL Bull 2X Shares Stock Up 3.2 %

Shares of NASDAQ GGLL opened at $30.63 on Friday. The firm has a market cap of $210.73 million, a PE ratio of 19.57 and a beta of -2.73. The company’s fifty day simple moving average is $31.88 and its 200 day simple moving average is $39.35. Direxion Daily GOOGL Bull 2X Shares has a 12-month low of $23.60 and a 12-month high of $53.72.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a dividend of $0.2172 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.84%.

Institutional Trading of Direxion Daily GOOGL Bull 2X Shares

Large investors have recently made changes to their positions in the company. IMC Chicago LLC bought a new position in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter worth approximately $2,363,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth approximately $655,000. Southern Capital Advisors LLC acquired a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the first quarter worth approximately $336,000. Jane Street Group LLC bought a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the 4th quarter worth $306,000. Finally, Chung Wu Investment Group LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares in the 4th quarter valued at $242,000.

Direxion Daily GOOGL Bull 2X Shares Company Profile

The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.