Short Interest in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Declines By 17.8%

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 8,823 shares, a drop of 17.8% from the January 15th total of 10,739 shares. Based on an average daily volume of 69,299 shares, the short-interest ratio is currently 0.1 days. Currently, 1.5% of the shares of the company are short sold. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 69,299 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Direxion Daily BA Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily BA Bull 2X Shares stock. Jane Street Group LLC acquired a new stake in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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 filing with the Securities and Exchange Commission.

Direxion Daily BA Bull 2X Shares Price Performance

NASDAQ BOEU opened at $46.58 on Monday. The business’s 50-day moving average price is $42.58 and its 200 day moving average price is $40.88. 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 business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.1948 per share. This represents a $0.78 annualized dividend and a dividend yield of 1.7%. This is a boost from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12. The ex-dividend date was Tuesday, December 23rd.

About Direxion Daily BA Bull 2X Shares

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.