Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) Stock Price Down 7.8% – Here’s Why

Posted by Caroline Horne on Mar 26th, 2026

Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL – Get Free Report) were down 7.8% during trading on Tuesday . The company traded as low as $80.73 and last traded at $80.73. Approximately 1,048,210 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 1,591,540 shares. The stock had previously closed at $87.60.

Direxion Daily GOOGL Bull 2X Shares Trading Down 6.9%

The stock has a market capitalization of $781.73 million, a PE ratio of 17.77 and a beta of 1.33. The stock’s fifty day simple moving average is $96.69 and its 200-day simple moving average is $88.33.

Direxion Daily GOOGL Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th will be issued a dividend of $0.5798 per share. This represents a $2.32 annualized dividend and a yield of 3.1%. This is a boost from Direxion Daily GOOGL Bull 2X Shares’s previous quarterly dividend of $0.34. The ex-dividend date is Tuesday, March 24th.

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

Institutional investors have recently added to or reduced their stakes in the company. Clay Northam Wealth Management LLC bought a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter worth approximately $206,000. Barclays PLC bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth $630,000. CreativeOne Wealth LLC purchased a new position in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter worth $652,000. Hollencrest Capital Management boosted its position in Direxion Daily GOOGL Bull 2X Shares by 610.5% in the fourth quarter. Hollencrest Capital Management now owns 3,730 shares of the company’s stock worth $361,000 after purchasing an additional 3,205 shares during the last quarter. Finally, HRT Financial LP bought a new position in Direxion Daily GOOGL Bull 2X Shares in the 4th quarter valued at $936,000.

Direxion Daily GOOGL Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.