Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report) shares were down 4.5% during mid-day trading on Thursday . The company traded as low as $63.80 and last traded at $64.07. Approximately 2,222,532 shares changed hands during trading, a decline of 39% from the average daily volume of 3,619,076 shares. The stock had previously closed at $67.09.
Direxion Daily PLTR Bull 2X Shares Trading Down 0.6%
The business has a 50-day moving average of $58.38 and a 200-day moving average of $42.76.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were issued a dividend of $0.3171 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.92%. This is a positive change from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11. The ex-dividend date was Tuesday, June 24th.
Hedge Funds Weigh In On Direxion Daily PLTR Bull 2X Shares
A number of hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management bought a new stake in Direxion Daily PLTR Bull 2X Shares in the first quarter worth approximately $64,000. Jump Financial LLC bought a new stake in Direxion Daily PLTR Bull 2X Shares in the first quarter worth $206,000. Jane Street Group LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter worth $245,000. Diversify Wealth Management LLC bought a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at about $281,000. Finally, Belvedere Trading LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter worth about $337,000.
About Direxion Daily PLTR Bull 2X Shares
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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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