Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) shares traded up 4.6% during mid-day trading on Thursday . The stock traded as high as $91.82 and last traded at $91.30. 365,978 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 677,418 shares. The stock had previously closed at $87.27.
Direxion Daily NVDA Bull 2X Shares Price Performance
The stock's 50-day simple moving average is $118.79 and its 200 day simple moving average is $106.78.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be given a $13.8797 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from Direxion Daily NVDA Bull 2X Shares's previous dividend of $0.18.
Hedge Funds Weigh In On Direxion Daily NVDA Bull 2X Shares
Several hedge funds have recently added to or reduced their stakes in NVDU. Flow Traders U.S. LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares in the third quarter valued at approximately $2,165,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at about $557,000. Modera Wealth Management LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares in the 2nd quarter valued at about $556,000. AE Wealth Management LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth approximately $533,000. Finally, Creative Planning purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at approximately $377,000.
Direxion Daily NVDA Bull 2X Shares Company Profile
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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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