Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Short Interest Update

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKUGet Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 287,805 shares, an increase of 401.9% from the November 30th total of 57,345 shares. Based on an average daily trading volume, of 275,567 shares, the days-to-cover ratio is presently 1.0 days. Approximately 8.7% of the company’s shares are short sold. Approximately 8.7% of the company’s shares are short sold. Based on an average daily trading volume, of 275,567 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of Direxion Daily BRKB Bull 2X Shares

A hedge fund recently raised its stake in Direxion Daily BRKB Bull 2X Shares stock. Jane Street Group LLC boosted its position in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKUFree Report) by 350.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,175 shares of the company’s stock after buying an additional 46,040 shares during the period. Jane Street Group LLC owned approximately 3.95% of Direxion Daily BRKB Bull 2X Shares worth $1,882,000 at the end of the most recent quarter.

Direxion Daily BRKB Bull 2X Shares Stock Down 0.1%

Shares of BRKU stock opened at $24.71 on Thursday. The firm has a 50 day moving average of $24.90 and a 200-day moving average of $24.82. Direxion Daily BRKB Bull 2X Shares has a 52 week low of $21.75 and a 52 week high of $32.47.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd will be paid a $0.2109 dividend. This represents a $0.84 annualized dividend and a yield of 3.4%. This is an increase from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, December 23rd.

About Direxion Daily BRKB Bull 2X Shares

(Get Free Report)

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.

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