Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL - Get Free Report) was the target of unusually large options trading activity on Friday. Investors acquired 1,996 call options on the stock. This represents an increase of approximately 132% compared to the typical volume of 860 call options.
Direxion Daily GOOGL Bull 2X Shares Trading Down 1.6 %
Shares of GGLL traded down $0.48 during mid-day trading on Monday, hitting $30.15. 1,406,597 shares of the company's stock were exchanged, compared to its average volume of 748,053. Direxion Daily GOOGL Bull 2X Shares has a fifty-two week low of $23.60 and a fifty-two week high of $53.72. The firm has a market capitalization of $208.94 million, a P/E ratio of 20.53 and a beta of 1.25. The business's 50 day moving average is $31.88 and its two-hundred day moving average is $39.37.
Direxion Daily GOOGL Bull 2X Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.2172 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.87 dividend on an annualized basis and a yield of 2.88%.
Institutional Investors Weigh In On Direxion Daily GOOGL Bull 2X Shares
Hedge funds have recently added to or reduced their stakes in the company. IMC Chicago LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at approximately $2,363,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at approximately $655,000. Southern Capital Advisors LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 1st quarter valued at approximately $336,000. Jane Street Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at approximately $306,000. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at approximately $242,000.
About Direxion Daily GOOGL Bull 2X Shares
(
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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.
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