Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) shares dropped 7.8% during trading on Thursday . The company traded as low as $73.75 and last traded at $75.20. Approximately 1,505,159 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 1,429,156 shares. The stock had previously closed at $81.57.
Direxion Daily NVDA Bull 2X Shares Stock Performance
The company has a 50 day moving average of $88.98 and a 200 day moving average of $100.88.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.6505 per share. The ex-dividend date was Monday, December 23rd.
Hedge Funds Weigh In On Direxion Daily NVDA Bull 2X Shares
Several institutional investors and hedge funds have recently modified their holdings of NVDU. JPMorgan Chase & Co. bought a new position in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at approximately $37,000. PayPay Securities Corp acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth $47,000. Tucker Asset Management LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at $51,000. Tower Research Capital LLC TRC boosted its stake in Direxion Daily NVDA Bull 2X Shares by 9,110.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 921 shares of the company's stock worth $86,000 after purchasing an additional 911 shares during the period. Finally, Barclays PLC boosted its stake in Direxion Daily NVDA Bull 2X Shares by 45.0% in the 3rd quarter. Barclays PLC now owns 1,450 shares of the company's stock worth $136,000 after purchasing an additional 450 shares during the period.
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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