Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Down 87.4% in February

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 2,050 shares, a decrease of 87.4% from the February 12th total of 16,221 shares. Based on an average daily volume of 29,735 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 29,735 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors 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. Bank of America Corp DE purchased a new position in shares of Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned approximately 8.93% 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 Trading Down 6.8%

Shares of NASDAQ BOEU opened at $37.09 on Wednesday. The stock has a fifty day moving average price of $44.55 and a 200 day moving average price of $40.40. Direxion Daily BA Bull 2X Shares has a 12-month low of $26.38 and a 12-month high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were paid a $0.1948 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase 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.