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Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Up 6.6% - Here's What Happened

Direxion Daily NVDA Bull 2X Shares logo with background

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s stock price rose 6.6% during trading on Monday . The stock traded as high as $85.75 and last traded at $85.71. Approximately 422,460 shares were traded during trading, a decline of 72% from the average daily volume of 1,510,960 shares. The stock had previously closed at $80.41.

Direxion Daily NVDA Bull 2X Shares Stock Up 6.2 %

The business's fifty day moving average price is $94.48 and its 200 day moving average price is $100.69.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid 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 company. SBI Securities Co. Ltd. bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $4,593,000. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter worth approximately $2,165,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at approximately $1,155,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at approximately $557,000. Finally, Lake Street Advisors Group LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at approximately $411,000.

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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