Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Stock Price Up 4.6% – Still a Buy?

Posted by Jeff Wilder on Jul 22nd, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report)’s stock price rose 4.6% on Monday . The stock traded as high as $6.37 and last traded at $6.08. 124,705 shares were traded during trading, an increase of 77% from the average daily volume of 70,382 shares. The stock had previously closed at $5.81.

Direxion Daily COIN Bull 2X ETF Stock Performance

The firm’s 50 day simple moving average is $7.13 and its 200 day simple moving average is $10.23.

Direxion Daily COIN Bull 2X ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a $0.0317 dividend. This represents a $0.13 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Tuesday, June 23rd.

Hedge Funds Weigh In On Direxion Daily COIN Bull 2X ETF

A hedge fund recently bought a new stake in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. acquired a new position in Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned 0.12% of Direxion Daily COIN Bull 2X ETF at the end of the most recent reporting period. 8.97% of the stock is currently owned by institutional investors.

Direxion Daily COIN Bull 2X ETF Company Profile

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.