Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) saw an uptick in trading volume on Friday . 2,360,637 shares were traded during mid-day trading, an increase of 270% from the previous session’s volume of 638,473 shares.The stock last traded at $128.24 and had previously closed at $122.85.
Direxion Daily NVDA Bull 2X Shares Stock Performance
The firm’s 50-day moving average is $99.57 and its 200 day moving average is $92.79.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.4973 per share. This represents a $1.99 dividend on an annualized basis and a dividend yield of 1.60%. This is an increase from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, September 24th.
Institutional Inflows and Outflows
About Direxion Daily NVDA Bull 2X Shares
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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