Direxion Daily NFLX Bull 2X Shares (NASDAQ:NFXL) Trading 1.8% Higher – Should You Buy?

Direxion Daily NFLX Bull 2X Shares (NASDAQ:NFXLGet Free Report)’s stock price traded up 1.8% on Wednesday . The stock traded as high as $16.89 and last traded at $16.43. Approximately 822,140 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 1,138,480 shares. The stock had previously closed at $16.14.

Direxion Daily NFLX Bull 2X Shares Stock Performance

The business’s 50-day moving average is $17.43 and its two-hundred day moving average is $23.50.

Direxion Daily NFLX Bull 2X Shares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.084 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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

Large investors have recently made changes to their positions in the stock. Susquehanna International Group LLP grew its holdings in Direxion Daily NFLX Bull 2X Shares by 188.4% in the 3rd quarter. Susquehanna International Group LLP now owns 7,937 shares of the company’s stock valued at $445,000 after buying an additional 5,185 shares in the last quarter. Optiver Holding B.V. raised its holdings in shares of Direxion Daily NFLX Bull 2X Shares by 16.3% during the 1st quarter. Optiver Holding B.V. now owns 11,847 shares of the company’s stock worth $356,000 after acquiring an additional 1,663 shares during the period. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Direxion Daily NFLX Bull 2X Shares by 824.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,387 shares of the company’s stock worth $43,000 after acquiring an additional 1,237 shares during the period.

About Direxion Daily NFLX Bull 2X Shares

(Get Free Report)

The Direxion Daily NFLX Bull 2X Shares (NFXL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXL was launched on Oct 3, 2024 and is issued by Direxion.

Further Reading

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