Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report)'s share price were up 5.1% during mid-day trading on Friday . The stock traded as high as $82.28 and last traded at $81.89. Approximately 598,293 shares traded hands during trading, a decline of 83% from the average daily volume of 3,568,495 shares. The stock had previously closed at $77.90.
Direxion Daily PLTR Bull 2X Shares Trading Down 1.9%
The business's fifty day moving average price is $63.67 and its 200 day moving average price is $46.66.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were issued a $0.3171 dividend. This represents a $1.27 dividend on an annualized basis and a yield of 1.60%. This is an increase from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11. The ex-dividend date was Tuesday, June 24th.
Institutional Investors Weigh In On Direxion Daily PLTR Bull 2X Shares
A number of institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. purchased a new stake in Direxion Daily PLTR Bull 2X Shares in the fourth quarter valued at approximately $835,000. Bank of America Corp DE acquired a new position in Direxion Daily PLTR Bull 2X Shares during the fourth quarter valued at approximately $696,000. Belvedere Trading LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at approximately $337,000. Diversify Wealth Management LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at approximately $281,000. Finally, Jane Street Group LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at approximately $245,000.
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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