Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Get Free Report)'s share price traded down 1.4% during trading on Monday . The company traded as low as $28.38 and last traded at $28.75. 1,556,208 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 2,849,795 shares. The stock had previously closed at $29.17.
Direxion Daily AAPL Bull 2X Shares Trading Up 3.4%
The firm has a market capitalization of $340.25 million, a PE ratio of 25.83 and a beta of -1.95. The stock has a 50 day simple moving average of $25.23 and a 200 day simple moving average of $24.16.
Direxion Daily AAPL Bull 2X Shares Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.0843 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $0.34 annualized dividend and a dividend yield of 1.2%.
Hedge Funds Weigh In On Direxion Daily AAPL Bull 2X Shares
Several hedge funds have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in shares of Direxion Daily AAPL Bull 2X Shares by 703.1% during the first quarter. Jane Street Group LLC now owns 157,807 shares of the company's stock valued at $4,428,000 after buying an additional 138,158 shares during the period. Tower Research Capital LLC TRC purchased a new stake in Direxion Daily AAPL Bull 2X Shares in the second quarter worth $693,000. Simplex Trading LLC purchased a new stake in Direxion Daily AAPL Bull 2X Shares in the second quarter worth $621,000. Vestor Capital LLC purchased a new stake in Direxion Daily AAPL Bull 2X Shares in the second quarter worth $501,000. Finally, SBI Securities Co. Ltd. grew its stake in Direxion Daily AAPL Bull 2X Shares by 132.1% in the second quarter. SBI Securities Co. Ltd. now owns 9,057 shares of the company's stock worth $199,000 after purchasing an additional 5,154 shares during the period.
Direxion Daily AAPL Bull 2X Shares Company Profile
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Get Free Report)
The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.
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