Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s share price traded down 7.9% during trading on Tuesday . The company traded as low as $91.04 and last traded at $91.13. 410,568 shares changed hands during trading, a decline of 70% from the average session volume of 1,369,172 shares. The stock had previously closed at $98.99.
Direxion Daily NVDA Bull 2X Shares Trading Up 5.1%
The business has a 50 day moving average of $72.87 and a two-hundred day moving average of $74.25. The firm has a market cap of $880.04 million, a P/E ratio of 42.98 and a beta of 4.15.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were issued a dividend of $0.6067 per share. This is an increase from Direxion Daily NVDA Bull 2X Shares's previous quarterly dividend of $0.42. The ex-dividend date was Tuesday, June 24th. This represents a $2.43 annualized dividend and a dividend yield of 2.48%.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
Several hedge funds have recently bought and sold shares of NVDU. Jane Street Group LLC grew its position in shares of Direxion Daily NVDA Bull 2X Shares by 54.8% in the fourth quarter. Jane Street Group LLC now owns 81,848 shares of the company's stock valued at $7,660,000 after purchasing an additional 28,963 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in Direxion Daily NVDA Bull 2X Shares by 45.0% in the 1st quarter. SBI Securities Co. Ltd. now owns 71,171 shares of the company's stock valued at $3,744,000 after buying an additional 22,096 shares in the last quarter. Optiver Holding B.V. grew its holdings in Direxion Daily NVDA Bull 2X Shares by 2,158.3% in the 4th quarter. Optiver Holding B.V. now owns 42,389 shares of the company's stock valued at $3,967,000 after buying an additional 40,512 shares in the last quarter. NorthRock Partners LLC bought a new position in Direxion Daily NVDA Bull 2X Shares during the 4th quarter worth $1,517,000. Finally, Virtu Financial LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth $1,155,000.
About Direxion Daily NVDA Bull 2X Shares
(
Get Free Report)
The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.
Featured Articles
Before you consider Direxion Daily NVDA Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily NVDA Bull 2X Shares wasn't on the list.
While Direxion Daily NVDA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
