Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) Shares Down 4.9% – Here’s Why

Posted by Patrick Bannon on Dec 20th, 2025

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD – Get Free Report)’s stock price were down 4.9% during trading on Thursday . The stock traded as low as $6.30 and last traded at $6.35. Approximately 50,876,542 shares traded hands during mid-day trading, an increase of 325% from the average daily volume of 11,978,840 shares. The stock had previously closed at $6.68.

Direxion Daily PLTR Bear 1X Shares Trading Down 4.1%

The company’s 50 day moving average is $6.70 and its 200-day moving average is $7.63.

Direxion Daily PLTR Bear 1X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were issued a dividend of $0.0834 per share. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.33 dividend on an annualized basis and a yield of 5.5%. This is a boost from Direxion Daily PLTR Bear 1X Shares’s previous quarterly dividend of $0.05.

Hedge Funds Weigh In On Direxion Daily PLTR Bear 1X Shares

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in shares of Direxion Daily PLTR Bear 1X Shares during the second quarter worth approximately $78,000. Benchmark Financial Wealth Advisors LLC bought a new stake in Direxion Daily PLTR Bear 1X Shares in the second quarter worth about $104,000. Flow Traders U.S. LLC acquired a new stake in Direxion Daily PLTR Bear 1X Shares during the second quarter valued at approximately $118,000. Private Advisor Group LLC bought a new stake in shares of Direxion Daily PLTR Bear 1X Shares during the 3rd quarter worth $122,000. Finally, Optiver Holding B.V. purchased a new position in Direxion Daily PLTR Bear 1X Shares in the 3rd quarter worth about $221,000.

Direxion Daily PLTR Bear 1X Shares Company Profile

(Get Free Report)

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.