Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX) Stock Price Up 4.6% – Should You Buy?

Posted by Caroline Horne on Jul 21st, 2026

Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Get Free Report)’s share price was up 4.6% during trading on Monday . The company traded as high as $6.37 and last traded at $6.08. Approximately 124,705 shares were traded during mid-day trading, an increase of 77% from the average session volume of 70,382 shares. The stock had previously closed at $5.81.

Direxion Daily COIN Bull 2X ETF Price Performance

The firm’s 50-day moving average is $7.21 and its 200 day moving average is $10.31.

Direxion Daily COIN Bull 2X ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.0317 per share. This represents a $0.13 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Investors Weigh In On Direxion Daily COIN Bull 2X ETF

A hedge fund recently bought a new position in Direxion Daily COIN Bull 2X ETF stock. Goldman Sachs Group Inc. bought a new position in shares of Direxion Daily COIN Bull 2X ETF (NASDAQ:CONX – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $443,000. Goldman Sachs Group Inc. owned 0.12% of Direxion Daily COIN Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 8.97% of the stock is currently owned by institutional investors and hedge funds.

About Direxion Daily COIN Bull 2X ETF

(Get Free Report)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.