Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Plans Dividend Increase – $0.19 Per Share

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.1948 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, December 23rd. This is a 61.8% increase from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12.

Direxion Daily BA Bull 2X Shares Price Performance

Shares of NASDAQ BOEU traded down $0.67 during midday trading on Tuesday, reaching $37.83. 10,251 shares of the stock were exchanged, compared to its average volume of 41,478. The firm has a 50-day simple moving average of $34.39 and a two-hundred day simple moving average of $40.34. Direxion Daily BA Bull 2X Shares has a twelve month low of $26.38 and a twelve month high of $52.46.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE bought a new stake in shares of Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned 8.93% of Direxion Daily BA Bull 2X Shares as of its most recent SEC filing.

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.