Direxion Daily XOM Bull 2X Shares Plans Quarterly Dividend of $0.19 (NASDAQ:XOMX)

Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.186 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, December 23rd.

Direxion Daily XOM Bull 2X Shares Trading Up 2.2%

Shares of NASDAQ XOMX traded up $0.61 during mid-day trading on Tuesday, hitting $28.79. The company had a trading volume of 49,857 shares, compared to its average volume of 7,530. Direxion Daily XOM Bull 2X Shares has a 1 year low of $22.13 and a 1 year high of $29.47. The company has a market capitalization of $3.45 million, a price-to-earnings ratio of 12.94 and a beta of 3.43. The stock’s 50-day moving average price is $27.34 and its 200-day moving average price is $26.28.

Institutional Investors Weigh In On Direxion Daily XOM Bull 2X Shares

A hedge fund recently raised its stake in Direxion Daily XOM Bull 2X Shares stock. Optiver Holding B.V. increased its position in Direxion Daily XOM Bull 2X Shares (NASDAQ:XOMX) by 107.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,747 shares of the company’s stock after acquiring an additional 8,657 shares during the quarter. Optiver Holding B.V. owned about 12.88% of Direxion Daily XOM Bull 2X Shares worth $435,000 at the end of the most recent quarter.

About Direxion Daily XOM Bull 2X Shares

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.