Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL - Get Free Report) shares rose 3.9% during mid-day trading on Thursday . The company traded as high as $28.11 and last traded at $27.55. Approximately 5,512,391 shares were traded during mid-day trading, an increase of 563% from the average daily volume of 831,662 shares. The stock had previously closed at $26.51.
Direxion Daily GOOGL Bull 2X Shares Stock Up 1.2%
The company has a market cap of $213.82 million, a PE ratio of 20.53 and a beta of -2.73. The business's fifty day moving average is $30.03 and its 200-day moving average is $38.85.
Direxion Daily GOOGL Bull 2X Shares Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.2172 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend was Tuesday, March 25th.
Hedge Funds Weigh In On Direxion Daily GOOGL Bull 2X Shares
Several large investors have recently added to or reduced their stakes in the company. Toth Financial Advisory Corp lifted its holdings in Direxion Daily GOOGL Bull 2X Shares by 107.1% during the fourth quarter. Toth Financial Advisory Corp now owns 1,054 shares of the company's stock valued at $48,000 after purchasing an additional 545 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Direxion Daily GOOGL Bull 2X Shares by 48.1% during the first quarter. Parallel Advisors LLC now owns 2,000 shares of the company's stock valued at $57,000 after buying an additional 650 shares during the last quarter. PayPay Securities Corp bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $31,000. Tower Research Capital LLC TRC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $66,000. Finally, Hollencrest Capital Management bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $92,000.
Direxion Daily GOOGL Bull 2X Shares Company Profile
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The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.
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