Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s share price traded up 5% on Wednesday . The stock traded as high as $91.50 and last traded at $91.49. 321,911 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 1,379,382 shares. The stock had previously closed at $87.14.
Direxion Daily NVDA Bull 2X Shares Trading Up 5.3%
The business's 50-day simple moving average is $67.49 and its 200-day simple moving average is $74.65. The company has a market cap of $824.27 million, a PE ratio of 42.98 and a beta of 4.15.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th will be paid a $0.6067 dividend. The ex-dividend date of this dividend is Tuesday, June 24th. This is an increase from Direxion Daily NVDA Bull 2X Shares's previous quarterly dividend of $0.42. This represents a $2.43 dividend on an annualized basis and a dividend yield of 2.64%.
Institutional Trading of Direxion Daily NVDA Bull 2X Shares
A number of institutional investors have recently bought and sold shares of the company. Jane Street Group LLC increased its position in Direxion Daily NVDA Bull 2X Shares by 54.8% in the 4th quarter. Jane Street Group LLC now owns 81,848 shares of the company's stock worth $7,660,000 after purchasing an additional 28,963 shares during the last quarter. SBI Securities Co. Ltd. raised its position in Direxion Daily NVDA Bull 2X Shares by 45.0% during the first quarter. SBI Securities Co. Ltd. now owns 71,171 shares of the company's stock valued at $3,744,000 after acquiring an additional 22,096 shares in the last quarter. Optiver Holding B.V. lifted its stake in Direxion Daily NVDA Bull 2X Shares by 2,158.3% in the fourth quarter. Optiver Holding B.V. now owns 42,389 shares of the company's stock valued at $3,967,000 after acquiring an additional 40,512 shares during the last quarter. NorthRock Partners LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at approximately $1,517,000. Finally, Virtu Financial LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares in the fourth quarter worth approximately $1,155,000.
Direxion Daily NVDA Bull 2X Shares Company Profile
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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.
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