Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Get Free Report) traded up 7.9% on Wednesday . The stock traded as high as $36.85 and last traded at $36.79. 2,772,042 shares changed hands during trading, an increase of 98% from the average session volume of 1,397,309 shares. The stock had previously closed at $34.09.
Direxion Daily AMZN Bull 2X Shares Price Performance
The company has a market capitalization of $264.96 million, a PE ratio of 32.75 and a beta of -2.52. The company has a 50-day moving average of $36.77 and a two-hundred day moving average of $35.11.
Direxion Daily AMZN Bull 2X Shares Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were given a dividend of $0.2645 per share. This represents a $1.06 annualized dividend and a yield of 2.9%. This is a boost from Direxion Daily AMZN Bull 2X Shares's previous quarterly dividend of $0.20. The ex-dividend date was Tuesday, June 24th.
Hedge Funds Weigh In On Direxion Daily AMZN Bull 2X Shares
Several large investors have recently made changes to their positions in AMZU. SOA Wealth Advisors LLC. bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the second quarter worth about $41,000. Renaissance Technologies LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth about $475,000. SBI Securities Co. Ltd. increased its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 309.2% in the first quarter. SBI Securities Co. Ltd. now owns 22,220 shares of the company's stock worth $666,000 after purchasing an additional 16,790 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 52.3% in the first quarter. Jane Street Group LLC now owns 38,665 shares of the company's stock worth $1,158,000 after purchasing an additional 13,270 shares during the last quarter. Finally, Optiver Holding B.V. increased its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 340.7% in the fourth quarter. Optiver Holding B.V. now owns 53,029 shares of the company's stock worth $2,228,000 after purchasing an additional 40,995 shares during the last quarter.
Direxion Daily AMZN Bull 2X Shares Company Profile
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Get Free Report)
The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.
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