Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) Short Interest Down 99.5% in June

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLSGet Free Report) was the recipient of a significant decrease in short interest in 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 daily volume of 27,800 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Direxion Daily GOOGL Bear 1X Shares

An institutional investor recently bought a new position in Direxion Daily GOOGL Bear 1X Shares stock. IMC Chicago LLC acquired a new position in shares of Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLSFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,995 shares of the company’s stock, valued at approximately $477,000. IMC Chicago LLC owned about 12.00% of Direxion Daily GOOGL Bear 1X Shares at the end of the most recent quarter.

Direxion Daily GOOGL Bear 1X Shares Trading Down 0.9 %

Shares of GGLS traded down $0.11 during mid-day trading on Thursday, reaching $12.70. The company had a trading volume of 15,416 shares, compared to its average volume of 34,648. Direxion Daily GOOGL Bear 1X Shares has a twelve month low of $12.66 and a twelve month high of $21.32. The company’s 50-day moving average is $13.91 and its 200-day moving average is $15.76.

Direxion Daily GOOGL Bear 1X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th will be issued a dividend of $0.2024 per share. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 6.38%.

About Direxion Daily GOOGL Bear 1X Shares

(Get 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.

Featured Articles

Receive News & Ratings for Direxion Daily GOOGL Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily GOOGL Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.