Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 106,100 shares, a growth of 129.2% from the June 15th total of 46,300 shares. Based on an average daily trading volume, of 544,200 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares during the first quarter worth $2,517,000. Simplex Trading LLC boosted its holdings in Direxion Daily NVDA Bull 2X Shares by 41,174.4% during the first quarter. Simplex Trading LLC now owns 17,748 shares of the company’s stock worth $1,168,000 after purchasing an additional 17,705 shares during the last quarter. Finally, IMC Chicago LLC lifted its stake in Direxion Daily NVDA Bull 2X Shares by 54.7% in the first quarter. IMC Chicago LLC now owns 44,538 shares of the company’s stock valued at $2,931,000 after acquiring an additional 15,749 shares during the last quarter.
Direxion Daily NVDA Bull 2X Shares Stock Down 11.2 %
Shares of Direxion Daily NVDA Bull 2X Shares stock traded down $14.69 on Thursday, hitting $116.80. The company had a trading volume of 1,392,568 shares, compared to its average volume of 461,639. Direxion Daily NVDA Bull 2X Shares has a twelve month low of $20.18 and a twelve month high of $146.87. The stock has a 50-day moving average of $98.77 and a 200-day moving average of $66.90.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
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.
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