Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) Short Interest Update

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 99.5% from the May 31st total of 18,600 shares. Based on an average trading volume of 27,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Direxion Daily GOOGL Bear 1X Shares

An institutional investor recently raised its position in Direxion Daily GOOGL Bear 1X Shares stock. Wakefield Asset Management LLLP boosted its holdings in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) by 3.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,541 shares of the company’s stock after buying an additional 1,480 shares during the quarter. Wakefield Asset Management LLLP owned approximately 27.69% of Direxion Daily GOOGL Bear 1X Shares worth $660,000 at the end of the most recent quarter.

Direxion Daily GOOGL Bear 1X Shares Stock Up 1.9 %

Direxion Daily GOOGL Bear 1X Shares stock opened at $12.94 on Friday. Direxion Daily GOOGL Bear 1X Shares has a twelve month low of $12.66 and a twelve month high of $21.32. The stock’s fifty day simple moving average is $13.80 and its 200-day simple moving average is $15.70.

Direxion Daily GOOGL Bear 1X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th will be given a dividend of $0.2024 per share. This represents a $0.81 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date of this dividend is Tuesday, June 25th.

Direxion Daily GOOGL Bear 1X Shares Company Profile

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.