Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report)'s share price dropped 4.5% during 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 mid-day 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 1.2%
The business has a 50-day moving average price of $57.82 and a two-hundred day moving average price of $42.22.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The firm also recently disclosed 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 is a boost from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend was Tuesday, June 24th.
Hedge Funds Weigh In On Direxion Daily PLTR Bull 2X Shares
Hedge funds have recently added to or reduced their stakes in the stock. Hollencrest Capital Management purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the first quarter valued at approximately $64,000. Jump Financial LLC bought a new position in Direxion Daily PLTR Bull 2X Shares during the 1st quarter valued at $206,000. Jane Street Group LLC purchased a new position in Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $245,000. Diversify Wealth Management LLC bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter worth $281,000. Finally, Belvedere Trading LLC bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter worth $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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