Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Short Interest Up 47.4% in January

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 575,442 shares, a growth of 47.4% from the January 15th total of 390,272 shares. Approximately 19.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 230,023 shares, the short-interest ratio is presently 2.5 days. Based on an average daily trading volume, of 230,023 shares, the short-interest ratio is presently 2.5 days. Approximately 19.0% of the shares of the stock are sold short.

Direxion Daily BRKB Bull 2X Shares Stock Down 1.0%

NASDAQ BRKU opened at $23.97 on Friday. Direxion Daily BRKB Bull 2X Shares has a 1 year low of $21.74 and a 1 year high of $32.47. The business’s fifty day moving average is $24.11 and its two-hundred day moving average is $24.59.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.2109 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, December 23rd.

Hedge Funds Weigh In On Direxion Daily BRKB Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily BRKB Bull 2X Shares stock. Optiver Holding B.V. purchased a new position in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,399 shares of the company’s stock, valued at approximately $139,000. Optiver Holding B.V. owned approximately 0.16% of Direxion Daily BRKB Bull 2X Shares at the end of the most recent quarter.

About Direxion Daily BRKB Bull 2X Shares

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.