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Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Up - Here's Why

Direxion Daily NVDA Bull 2X Shares logo with background

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $68.36, but opened at $72.14. Direxion Daily NVDA Bull 2X Shares shares last traded at $78.43, with a volume of 3,462,336 shares.

Direxion Daily NVDA Bull 2X Shares Trading Down 7.0 %

The stock's fifty day moving average price is $100.70 and its 200 day moving average price is $101.98.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.6505 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares

A number of large investors have recently added to or reduced their stakes in the stock. Creative Planning purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter valued at $377,000. Captrust Financial Advisors purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter worth approximately $374,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter valued at approximately $2,165,000. Barclays PLC grew its position in Direxion Daily NVDA Bull 2X Shares by 45.0% during the third quarter. Barclays PLC now owns 1,450 shares of the company's stock valued at $136,000 after buying an additional 450 shares during the period. Finally, Beaird Harris Wealth Management LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter valued at approximately $557,000.

About Direxion Daily NVDA Bull 2X Shares

(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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