Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Increases Dividend to $0.32 Per Share

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 24th will be given a dividend of 0.3171 per share on Tuesday, July 1st. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 182.5% increase from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11.

Direxion Daily PLTR Bull 2X Shares Stock Performance

Shares of PLTU traded down $6.24 during trading hours on Friday, hitting $63.42. The stock had a trading volume of 5,309,776 shares, compared to its average volume of 3,565,835. The firm has a 50 day simple moving average of $54.28 and a 200-day simple moving average of $40.37. Direxion Daily PLTR Bull 2X Shares has a 1-year low of $16.61 and a 1-year high of $73.40.

Institutional Investors Weigh In On Direxion Daily PLTR Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily PLTR Bull 2X Shares stock. Jane Street Group LLC purchased a new stake in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,728 shares of the company's stock, valued at approximately $245,000. Jane Street Group LLC owned 0.12% of Direxion Daily PLTR Bull 2X Shares at the end of the most recent quarter.

Direxion Daily PLTR Bull 2X Shares Company Profile

The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.