Shares of Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $83.99 and last traded at $83.44, with a volume of 3335768 shares. The stock had previously closed at $77.05.
Direxion Daily PLTR Bull 2X Shares Trading Up 2.9%
The business's fifty day simple moving average is $69.45 and its 200-day simple moving average is $49.98.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were paid a $0.3171 dividend. This represents a $1.27 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, June 24th. This is an increase from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Hollencrest Capital Management bought a new stake in Direxion Daily PLTR Bull 2X Shares in the first quarter worth $64,000. Jump Financial LLC bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter worth about $206,000. Jane Street Group LLC purchased a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter valued at about $245,000. Diversify Wealth Management LLC bought a new position in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter valued at about $281,000. Finally, Belvedere Trading LLC purchased a new position in Direxion Daily PLTR Bull 2X Shares in the first quarter worth about $337,000.
Direxion Daily PLTR Bull 2X Shares Company Profile
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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.
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