Short Interest in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Grows By 83.8%

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

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. Bank of America Corp DE acquired a new position in shares of Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned about 8.93% of Direxion Daily BA Bull 2X Shares at the end of the most recent reporting period.

Direxion Daily BA Bull 2X Shares Price Performance

Shares of NASDAQ BOEU opened at $40.99 on Monday. The stock has a 50 day moving average price of $44.34 and a 200 day moving average price of $40.72. Direxion Daily BA Bull 2X Shares has a 52 week low of $26.38 and a 52 week high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were issued a dividend of $0.1948 per share. The ex-dividend date was Tuesday, December 23rd. This is a positive change from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12. This represents a $0.78 dividend on an annualized basis and a yield of 1.9%.

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.