Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) Short Interest Update

Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,170,000 shares, an increase of 134.7% from the January 31st total of 498,600 shares. Based on an average daily volume of 1,083,100 shares, the short-interest ratio is presently 1.1 days.

Direxion Daily GOOGL Bull 2X Shares Price Performance

Shares of Direxion Daily GOOGL Bull 2X Shares stock opened at $35.63 on Friday. Direxion Daily GOOGL Bull 2X Shares has a one year low of $28.19 and a one year high of $53.72. The firm has a market cap of $115.80 million, a price-to-earnings ratio of 39.69 and a beta of -2.73. The stock’s 50-day moving average is $45.75 and its 200-day moving average is $40.85.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.3403 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily GOOGL Bull 2X Shares

Several institutional investors and hedge funds have recently bought and sold shares of GGLL. PayPay Securities Corp bought a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter valued at approximately $31,000. Toth Financial Advisory Corp raised its stake in Direxion Daily GOOGL Bull 2X Shares by 107.1% in the fourth quarter. Toth Financial Advisory Corp now owns 1,054 shares of the company’s stock valued at $48,000 after buying an additional 545 shares during the period. Tower Research Capital LLC TRC bought a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter valued at approximately $66,000. Hollencrest Capital Management bought a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter valued at approximately $92,000. Finally, SBI Securities Co. Ltd. bought a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter valued at approximately $201,000.

About Direxion Daily GOOGL Bull 2X Shares

The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.