DailyIQ
DailyIQ
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METU·Direxion Daily META Bull 2X Shares

$21.55
+0.75 (+3.61%)
High
$22.16
Open
$20.96
Net Assets
$361M
52W High
—
Low
$20.25
P. Close
$21.55
Expense Ratio
1.02%
52W Low
—
Div. Yield
3.48%
Next Ex-Div
~Dec 22
Holdings
10
Days to Cover
1.0
Short Int. Chg
+118.8%
Put/Call OI
0.38
Category
Trading--Leveraged Equity
Inception
Jun 5, 2024
Technical Score (1D)
39
BEARISH
News Sentiment
51
MIXED

What's happening to METU today?

METU (Direxion Daily META Bull 2X Shares) is a fund giving 2x daily leveraged exposure to Meta Platforms Inc (META). On November 5, Meta’s shares fell 6.76 % after investors reacted to the company’s increased AI spending, raising concerns about its impact on cash flow. The same day, Meta’s shares rose 1.4 % amid a sector rotation favoring hyperscalers, as election‑driven regulatory concerns were said to limit new data‑center construction and benefit existing operators. Earlier that month, on November 3, a Goldman Sachs S&P 500 Premium Income ETF added 90,403 Meta shares for $56.1 million, reflecting institutional interest. On November 5, Meta also issued €9 billion of new euro bonds, attracting a record €62 billion order book and pushing bid prices above face value, underscoring its strong credit standing. The day’s events illustrate how Meta’s capital allocation, regulatory environment, and financing activities were reported across multiple outlets.