Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Up – What’s Next?

Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) gapped up before the market opened 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 trading hands.

Direxion Daily NVDA Bull 2X Shares Stock Performance

The business’s fifty day moving average price is $102.91 and its 200 day moving average price is $102.52.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily NVDA Bull 2X Shares

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PayPay Securities Corp bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at $47,000. Barclays PLC boosted 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 acquiring an additional 450 shares during the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 4th quarter worth about $206,000. Captrust Financial Advisors bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter worth about $374,000. Finally, Creative Planning acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at about $377,000.

Direxion Daily NVDA Bull 2X Shares Company Profile

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.