Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL) to Issue Quarterly Dividend of $2.76

by · The Cerbat Gem

Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL – Get Free Report) announced a quarterly dividend on Tuesday, December 9th, NASDAQ Dividends reports. Stockholders of record on Wednesday, December 10th will be paid a dividend of 2.7596 per share on Wednesday, December 17th. This represents a c) annualized dividend and a dividend yield of 45.2%. The ex-dividend date of this dividend is Wednesday, December 10th. This is a 2,892.8% increase from Direxion Daily LLY Bull 2X Shares’s previous quarterly dividend of $0.09.

Direxion Daily LLY Bull 2X Shares Trading Down 8.2%

Shares of NASDAQ ELIL traded down $2.18 during trading hours on Wednesday, hitting $24.44. The stock had a trading volume of 111,403 shares, compared to its average volume of 127,846. The firm’s 50-day moving average price is $24.46 and its two-hundred day moving average price is $19.76. Direxion Daily LLY Bull 2X Shares has a 52 week low of $11.50 and a 52 week high of $34.28.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily LLY Bull 2X Shares in the third quarter valued at about $30,000. Optiver Holding B.V. boosted its stake in Direxion Daily LLY Bull 2X Shares by 55.6% during the 3rd quarter. Optiver Holding B.V. now owns 40,082 shares of the company’s stock valued at $667,000 after purchasing an additional 14,329 shares during the period. Susquehanna International Group LLP grew its holdings in Direxion Daily LLY Bull 2X Shares by 148.0% in the 3rd quarter. Susquehanna International Group LLP now owns 38,520 shares of the company’s stock valued at $641,000 after buying an additional 22,987 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Direxion Daily LLY Bull 2X Shares in the 1st quarter worth approximately $585,000. Finally, Virtu Financial LLC bought a new position in Direxion Daily LLY Bull 2X Shares in the 3rd quarter worth approximately $934,000.

About Direxion Daily LLY Bull 2X Shares

(Get Free Report)

Direxion Shares ETF Trust – Direxion Daily LLY Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors.

Read More