Direxion Daily NFLX Bull 2X Shares to Issue Quarterly Dividend of $0.17 (NASDAQ:NFXL)

Direxion Daily NFLX Bull 2X Shares (NASDAQ:NFXL) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, December 23rd will be given a dividend of 0.1701 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Direxion Daily NFLX Bull 2X Shares Price Performance

NFXL traded down $0.22 during midday trading on Tuesday, reaching $30.33. The company’s stock had a trading volume of 348,962 shares, compared to its average volume of 324,609. Direxion Daily NFLX Bull 2X Shares has a 1 year low of $29.12 and a 1 year high of $73.71. The stock’s 50-day moving average is $43.46 and its 200-day moving average is $54.27.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can purchased a new stake in shares of Direxion Daily NFLX Bull 2X Shares in the second quarter worth $37,000. SBI Securities Co. Ltd. grew its position in Direxion Daily NFLX Bull 2X Shares by 12,783.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 773 shares of the company’s stock valued at $57,000 after purchasing an additional 767 shares during the last quarter. Hollencrest Capital Management increased its stake in Direxion Daily NFLX Bull 2X Shares by 566.7% during the 2nd quarter. Hollencrest Capital Management now owns 1,000 shares of the company’s stock valued at $74,000 after purchasing an additional 850 shares in the last quarter. Optiver Holding B.V. raised its holdings in Direxion Daily NFLX Bull 2X Shares by 72.4% in the third quarter. Optiver Holding B.V. now owns 3,063 shares of the company’s stock worth $172,000 after buying an additional 1,286 shares during the last quarter. Finally, Traynor Capital Management Inc. lifted its stake in shares of Direxion Daily NFLX Bull 2X Shares by 9.2% in the third quarter. Traynor Capital Management Inc. now owns 5,930 shares of the company’s stock worth $332,000 after buying an additional 498 shares in the last quarter.

About Direxion Daily NFLX Bull 2X Shares

The Direxion Daily NFLX Bull 2X Shares (NFXL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXL was launched on Oct 3, 2024 and is issued by Direxion.