Short Interest in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU) Drops By 87.4%

Posted by Alanna Baker on Mar 10th, 2026

Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU – Get Free Report) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 2,050 shares, a drop of 87.4% from the February 12th total of 16,221 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 29,735 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 29,735 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the company’s shares are short sold.

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

A hedge fund recently bought a new stake in Direxion Daily BA Bull 2X Shares stock. Bank of America Corp DE purchased a new position in Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 25,000 shares of the company’s stock, valued at approximately $1,002,000. Bank of America Corp DE owned 8.93% of Direxion Daily BA Bull 2X Shares as of its most recent SEC filing.

Direxion Daily BA Bull 2X Shares Stock Down 6.8%

NASDAQ:BOEU traded down $2.72 during mid-day trading on Tuesday, reaching $37.09. 53,837 shares of the company’s stock traded hands, compared to its average volume of 49,270. The company has a 50 day moving average price of $44.59 and a 200-day moving average price of $40.46. Direxion Daily BA Bull 2X Shares has a 12-month low of $26.38 and a 12-month high of $52.46.

Direxion Daily BA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a $0.1948 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Direxion Daily BA Bull 2X Shares’s previous quarterly dividend of $0.12.

Direxion Daily BA Bull 2X Shares Company Profile

(Get Free Report)

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.