Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report)'s stock price traded up 4.6% during trading on Monday . The company traded as high as $62.39 and last traded at $62.05. 2,150,843 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 3,577,390 shares. The stock had previously closed at $59.34.
Direxion Daily PLTR Bull 2X Shares Price Performance
The company has a 50-day moving average of $57.19 and a 200 day moving average of $41.90.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were given a dividend of $0.3171 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend was Tuesday, June 24th. This is a positive change from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11.
Institutional Trading of Direxion Daily PLTR Bull 2X Shares
A number of large investors have recently modified their holdings of the company. Hollencrest Capital Management purchased a new stake in Direxion Daily PLTR Bull 2X Shares in the first quarter worth about $64,000. Jump Financial LLC purchased a new stake in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at approximately $206,000. Jane Street Group LLC purchased a new stake in Direxion Daily PLTR Bull 2X Shares in the first quarter valued at about $245,000. Diversify Wealth Management LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter valued at approximately $281,000. Finally, Belvedere Trading LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares in the 1st quarter valued at approximately $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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