Direxion Daily BA Bull 2X ETF (NASDAQ:BOEU) Stock Short Interest Report for October

Direxion Daily BA Bull 2X ETF (NASDAQ:BOEU) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 10,123 shares, a decline of 77.4% from the October 15th total of 44,706 shares. Based on an average daily trading volume, of 140,622 shares, the short-interest ratio is currently 0.1 days. Approximately 0.8% of the company’s stock are sold short.

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

An institutional investor recently raised its position in Direxion Daily BA Bull 2X ETF stock. Optiver Holding B.V. raised its holdings in shares of Direxion Daily BA Bull 2X ETF (NASDAQ:BOEU) by 59.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,862 shares of the company’s stock after purchasing an additional 5,535 shares during the period. Optiver Holding B.V. owned 3.16% of Direxion Daily BA Bull 2X ETF worth $452,000 as of its most recent SEC filing.

Direxion Daily BA Bull 2X ETF Stock Down 0.3%

NASDAQ:BOEU opened at $19.96 on Thursday. The firm’s 50-day moving average price is $24.69 and its 200-day moving average price is $34.03. Direxion Daily BA Bull 2X ETF has a 1-year low of $18.05 and a 1-year high of $51.88.

About Direxion Daily BA Bull 2X ETF

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.