Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report) were up 4.6% on Monday . The company traded as high as $62.39 and last traded at $62.05. Approximately 2,150,843 shares changed hands during trading, a decline of 40% from the average daily volume of 3,577,390 shares. The stock had previously closed at $59.34.
Direxion Daily PLTR Bull 2X Shares Stock Performance
The stock has a 50 day simple moving average of $57.82 and a two-hundred day simple moving average of $42.22.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The firm 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. The ex-dividend date of this dividend was Tuesday, June 24th. 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%.
Hedge Funds Weigh In On Direxion Daily PLTR Bull 2X Shares
Hedge funds have recently modified their holdings of the business. Hollencrest Capital Management purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $64,000. Jump Financial LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $206,000. Jane Street Group LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $245,000. Diversify Wealth Management LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $281,000. Finally, Belvedere Trading LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth $337,000.
Direxion Daily PLTR Bull 2X Shares Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Direxion Daily PLTR Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily PLTR Bull 2X Shares wasn't on the list.
While Direxion Daily PLTR Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.