Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) were up 4.4% on Tuesday after the company announced a dividend. The company traded as high as $120.62 and last traded at $120.46. Approximately 376,431 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,023,905 shares. The stock had previously closed at $115.40.
The newly announced dividend which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd will be issued a $0.7196 dividend. This represents a $2.88 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, December 23rd.
Direxion Daily NVDA Bull 2X Shares Trading Down 0.7%
The firm has a fifty day moving average of $124.80 and a 200 day moving average of $117.69. The company has a market capitalization of $576.95 million, a P/E ratio of 42.98 and a beta of 4.20.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
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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