Direxion Daily META Bull 2X Shares (NASDAQ:METU) Stock Price Down 3.9% – Here’s What Happened

Posted by Editorial Team on Jun 21st, 2025

Direxion Daily META Bull 2X Shares (NASDAQ:METU – Get Free Report) were down 3.9% during trading on Friday . The stock traded as low as $38.80 and last traded at $39.16. Approximately 391,023 shares were traded during trading, a decline of 52% from the average daily volume of 822,253 shares. The stock had previously closed at $40.76.

Direxion Daily META Bull 2X Shares Stock Performance

The firm’s 50 day simple moving average is $33.01 and its 200 day simple moving average is $35.91. The firm has a market capitalization of $124.14 million and a price-to-earnings ratio of 24.62.

Direxion Daily META Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.1737 per share. This represents a $0.69 annualized dividend and a yield of 1.77%. The ex-dividend date was Tuesday, March 25th.

Institutional Trading of Direxion Daily META Bull 2X Shares

Several institutional investors and hedge funds have recently bought and sold shares of METU. Susquehanna International Group LLP lifted its stake in Direxion Daily META Bull 2X Shares by 222.1% during the 4th quarter. Susquehanna International Group LLP now owns 61,424 shares of the company’s stock valued at $2,044,000 after acquiring an additional 42,354 shares during the period. Optiver Holding B.V. acquired a new stake in Direxion Daily META Bull 2X Shares during the 4th quarter valued at approximately $1,626,000. Finally, Jane Street Group LLC purchased a new position in shares of Direxion Daily META Bull 2X Shares during the 4th quarter valued at approximately $542,000.

Direxion Daily META Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.