Direxion Daily Communication Services Index Bull 3X Shares (NYSEARCA:TAWK) Shares Up 2%

Direxion Daily Communication Services Index Bull 3X Shares (NYSEARCA:TAWK) shares shot up 2% during mid-day trading on Wednesday . The stock traded as high as $33.91 and last traded at $33.81, 558 shares changed hands during mid-day trading. A decline of 92% from the average session volume of 7,057 shares. The stock had previously closed at $33.16.

The firm has a 50 day moving average price of $33.26 and a 200-day moving average price of $32.99.

The business also recently disclosed a — dividend, which was paid on Tuesday, October 1st. Stockholders of record on Wednesday, September 25th were paid a $0.0337 dividend. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, September 24th.

A hedge fund recently raised its stake in Direxion Daily Communication Services Index Bull 3X Shares stock. Tower Research Capital LLC TRC lifted its holdings in shares of Direxion Daily Communication Services Index Bull 3X Shares (NYSEARCA:TAWK) by 26.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,462 shares of the company’s stock after acquiring an additional 1,141 shares during the period. Tower Research Capital LLC TRC owned 3.64% of Direxion Daily Communication Services Index Bull 3X Shares worth $179,000 at the end of the most recent reporting period.

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