Direxion Daily NVDA Bull 2X Shares (
NASDAQ:NVDU -
Get Free Report)'s share price shot up 5.7% during trading on Tuesday . The stock traded as high as $131.97 and last traded at $131.70. 385,280 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,127,925 shares. The stock had previously closed at $124.59.
Direxion Daily NVDA Bull 2X Shares Price Performance
The stock has a market cap of $730.13 million, a price-to-earnings ratio of 42.98 and a beta of 4.15. The stock's 50 day simple moving average is $120.74 and its two-hundred day simple moving average is $88.77.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd will be paid a $0.4973 dividend. This represents a $1.99 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 23rd.
Institutional Trading of Direxion Daily NVDA Bull 2X Shares
Large investors have recently added to or reduced their stakes in the company. Western Pacific Wealth Management LP acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 1st quarter worth approximately $26,000. Beacon Capital Management LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the 1st quarter worth about $128,000. New Millennium Group LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the 1st quarter worth about $171,000. Narus Financial Partners LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the 1st quarter worth about $246,000. Finally, SBI Securities Co. Ltd. grew its holdings in Direxion Daily NVDA Bull 2X Shares by 45.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 71,171 shares of the company's stock worth $3,744,000 after acquiring an additional 22,096 shares during the last quarter.
Direxion Daily NVDA Bull 2X Shares Company Profile
(
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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