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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

Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $89.56, but opened at $94.39. Direxion Daily NVDA Bull 2X Shares shares last traded at $95.15, with a volume of 452,360 shares.

Direxion Daily NVDA Bull 2X Shares Stock Down 2.6 %

The firm has a fifty day moving average of $118.79 and a two-hundred day moving average of $106.78.

Direxion Daily NVDA Bull 2X Shares Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th will be paid a $13.8797 dividend. This is an increase from Direxion Daily NVDA Bull 2X Shares's previous dividend of $0.18. The ex-dividend date of this dividend is Thursday, December 12th.

Hedge Funds Weigh In On Direxion Daily NVDA Bull 2X Shares

Large investors have recently made changes to their positions in the stock. Beaird Harris Wealth Management LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth about $557,000. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at about $2,165,000. Creative Planning purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter worth about $377,000. AE Wealth Management LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the second quarter valued at approximately $533,000. Finally, SeaCrest Wealth Management LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares during the second quarter valued at approximately $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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