Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Short Interest Update

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 16,221 shares, an increase of 83.8% from the January 29th total of 8,823 shares. Approximately 2.7% of the company’s stock are sold short. Based on an average daily trading volume, of 36,432 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 36,432 shares, the days-to-cover ratio is currently 0.4 days. Approximately 2.7% of the company’s stock are sold short.

Direxion Daily BA Bull 2X Shares Trading Down 1.5%

Shares of NASDAQ BOEU traded down $0.64 during trading hours on Friday, hitting $40.99. 22,453 shares of the stock were exchanged, compared to its average volume of 50,350. The firm has a fifty day moving average price of $44.34 and a 200-day moving average price of $40.83. 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were paid a dividend of $0.1948 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.78 annualized dividend and a yield of 1.9%. This is a boost from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE purchased a new stake in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

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.