Renaissance Technologies LLC Decreases Position in Direxion Daily GOOGL Bear 1X Shares $GGLS

Posted by Chris Copeland on Aug 21st, 2026

Renaissance Technologies LLC decreased its position in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS – Free Report) by 72.9% during the 1st quarter, Holdings Channel reports. The firm owned 13,205 shares of the company’s stock after selling 35,595 shares during the quarter. Renaissance Technologies LLC’s holdings in Direxion Daily GOOGL Bear 1X Shares were worth $96,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Direxion Daily GOOGL Bear 1X Shares during the 3rd quarter worth $312,000. XTX Topco Ltd purchased a new stake in shares of Direxion Daily GOOGL Bear 1X Shares in the 4th quarter worth about $109,000. Jane Street Group LLC acquired a new stake in Direxion Daily GOOGL Bear 1X Shares in the 2nd quarter valued at about $147,000. Finally, Flow Traders U.S. LLC grew its stake in Direxion Daily GOOGL Bear 1X Shares by 48.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 17,354 shares of the company’s stock valued at $215,000 after acquiring an additional 5,627 shares during the last quarter.

Direxion Daily GOOGL Bear 1X Shares Stock Performance

NASDAQ:GGLS opened at $59.20 on Friday. The firm has a 50-day moving average price of $57.92 and a two-hundred day moving average price of $61.39. Direxion Daily GOOGL Bear 1X Shares has a twelve month low of $50.65 and a twelve month high of $109.60.

Direxion Daily GOOGL Bear 1X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.3321 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $1.33 annualized dividend and a dividend yield of 2.2%.

Direxion Daily GOOGL Bear 1X Shares Profile

(Free Report)

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.