Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL) Announces Quarterly Dividend of $0.05

Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.0532 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 24th.

Direxion Daily LLY Bull 2X Shares Stock Down 2.2%

Shares of ELIL stock traded down $0.43 on Tuesday, hitting $18.74. The company’s stock had a trading volume of 25,134 shares, compared to its average volume of 125,338. Direxion Daily LLY Bull 2X Shares has a fifty-two week low of $11.50 and a fifty-two week high of $34.28. The firm’s fifty day moving average price is $24.68 and its 200-day moving average price is $24.05.

Hedge Funds Weigh In On Direxion Daily LLY Bull 2X Shares

Several institutional investors have recently bought and sold shares of ELIL. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily LLY Bull 2X Shares in the first quarter worth about $585,000. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily LLY Bull 2X Shares during the 3rd quarter valued at about $30,000. Optiver Holding B.V. increased its holdings in shares of Direxion Daily LLY Bull 2X Shares by 55.6% during the 3rd quarter. Optiver Holding B.V. now owns 40,082 shares of the company’s stock valued at $667,000 after acquiring an additional 14,329 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Direxion Daily LLY Bull 2X Shares in the 3rd quarter valued at approximately $934,000. Finally, Susquehanna International Group LLP raised its stake in shares of Direxion Daily LLY Bull 2X Shares by 148.0% in the 3rd quarter. Susquehanna International Group LLP now owns 38,520 shares of the company’s stock valued at $641,000 after acquiring an additional 22,987 shares in the last quarter.

About Direxion Daily LLY Bull 2X Shares

Direxion Shares ETF Trust – Direxion Daily LLY Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.