Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $70.16, but opened at $73.38. Direxion Daily NVDA Bull 2X Shares shares last traded at $73.25, with a volume of 337,583 shares changing hands.
Direxion Daily NVDA Bull 2X Shares Price Performance
The firm's fifty day moving average price is $56.44 and its two-hundred day moving average price is $79.65. The stock has a market cap of $655.90 million, a price-to-earnings ratio of 42.98 and a beta of 4.15.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.4201 per share. The ex-dividend date was Tuesday, March 25th. This represents a $1.68 annualized dividend and a dividend yield of 2.30%.
Hedge Funds Weigh In On Direxion Daily NVDA Bull 2X Shares
Institutional investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $206,000. PayPay Securities Corp acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $47,000. Lake Street Advisors Group LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $411,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $4,593,000. Finally, Virtu Financial LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $1,155,000.
About Direxion Daily NVDA Bull 2X Shares
(
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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.
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