Jump Financial LLC Makes New Investment in Direxion Daily PLTR Bear 1X Shares $PLTD

Key Points

• Jump Financial LLC has acquired 192,504 shares of Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD), valued at approximately $3,332,000, representing about 8.02% ownership as of their latest SEC filing.
• IMC Chicago LLC significantly increased its position in the same shares by 798.9%, owning 212,903 shares now worth $3,685,000 after a recent acquisition.
• The Direxion Daily PLTR Bear 1X Shares recently paid a quarterly dividend of $0.0514 per share, equating to an annualized dividend of $0.21 and a yield of 2.6%.

Jump Financial LLC acquired a new position in Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 192,504 shares of the company's stock, valued at approximately $3,332,000. Jump Financial LLC owned approximately 8.02% of Direxion Daily PLTR Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, IMC Chicago LLC raised its position in Direxion Daily PLTR Bear 1X Shares by 798.9% in the first quarter. IMC Chicago LLC now owns 212,903 shares of the company's stock worth $3,685,000 after acquiring an additional 189,219 shares in the last quarter.

Direxion Daily PLTR Bear 1X Shares Trading Up 0.9%

NASDAQ:PLTD opened at $7.97 on Tuesday. The stock has a fifty day moving average price of $8.35 and a two-hundred day moving average price of $12.04. Direxion Daily PLTR Bear 1X Shares has a 1 year low of $6.66 and a 1 year high of $27.23.

Direxion Daily PLTR Bear 1X Shares Cuts Dividend

The company 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 $0.0514 per share. This represents a $0.21 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, June 24th.

Direxion Daily PLTR Bear 1X Shares Profile

The Direxion Daily PLTR Bear 1X Shares (PLTD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.

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