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Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Up - What's Next?

Direxion Daily NVDA Bull 2X Shares logo with background

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $85.26, but opened at $88.40. Direxion Daily NVDA Bull 2X Shares shares last traded at $86.00, with a volume of 493,964 shares traded.

Direxion Daily NVDA Bull 2X Shares Trading Down 17.3 %

The firm's 50-day moving average price is $90.27 and its two-hundred day moving average price is $101.10.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The firm also recently announced 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 of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily NVDA Bull 2X Shares

Institutional investors have recently made changes to their positions in the business. Beaird Harris Wealth Management LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at about $557,000. Flow Traders U.S. LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at about $2,165,000. Creative Planning acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at about $377,000. Barclays PLC boosted its position in shares of Direxion Daily NVDA Bull 2X Shares by 45.0% during the 3rd quarter. Barclays PLC now owns 1,450 shares of the company's stock valued at $136,000 after acquiring an additional 450 shares in the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 4th quarter valued at about $206,000.

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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