Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Trading Down 5% – Here’s Why

Posted by Trevor Kearing on May 21st, 2026

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU – Get Free Report) shares fell 5% on Tuesday . The stock traded as low as $34.17 and last traded at $34.58. 39,004 shares were traded during mid-day trading, a decline of 19% from the average session volume of 47,862 shares. The stock had previously closed at $36.41.

Direxion Daily BA Bull 2X Shares Stock Down 3.0%

The firm’s 50 day simple moving average is $36.11 and its two-hundred day simple moving average is $38.25.

Direxion Daily BA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were paid a $0.162 dividend. This represents a $0.65 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, March 24th.

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

An institutional investor recently bought a new position in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE purchased a new stake in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned approximately 8.93% of Direxion Daily BA Bull 2X Shares at the end of the most recent quarter.

Direxion Daily BA Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily BA Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of The Boeing Company (NYSE: BA). This ETF is designed for short-term tactical trading and aims to provide leveraged exposure to Boeing’s daily stock performance.