Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Sees Significant Increase in Short Interest

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 16,221 shares, an increase of 83.8% from the January 29th total of 8,823 shares. Based on an average daily volume of 36,432 shares, the short-interest ratio is presently 0.4 days. Currently, 2.7% of the company’s shares are sold short. Currently, 2.7% of the company’s shares are sold short. Based on an average daily volume of 36,432 shares, the short-interest ratio is presently 0.4 days.

Direxion Daily BA Bull 2X Shares Stock Performance

NASDAQ:BOEU opened at $40.99 on Friday. The stock’s fifty day moving average is $44.34 and its 200 day moving average is $40.78. Direxion Daily BA Bull 2X Shares has a fifty-two week low of $26.38 and a fifty-two week high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1948 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.78 annualized dividend and a yield of 1.9%. This is an increase from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12.

Institutional Trading of Direxion Daily BA Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily BA Bull 2X Shares stock. Jane Street Group LLC bought a new position in shares of Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,891 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned 1.32% of Direxion Daily BA Bull 2X Shares as of its most recent SEC filing.

Direxion Daily BA Bull 2X Shares Company Profile

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.