Direxion Daily NVDA Bull 1.5X Shares (NASDAQ:NVDU) Sees Significant Growth in Short Interest

Direxion Daily NVDA Bull 1.5X Shares (NASDAQ:NVDU) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 21,200 shares, an increase of 783.3% from the February 29th total of 2,400 shares. Based on an average daily volume of 354,700 shares, the short-interest ratio is presently 0.1 days.

Direxion Daily NVDA Bull 1.5X Shares Stock Down 0.0 %

Shares of NASDAQ NVDU traded down $0.03 during midday trading on Friday, reaching $65.82. 185,882 shares of the stock were exchanged, compared to its average volume of 377,929. The company has a 50 day simple moving average of $53.39 and a 200 day simple moving average of $35.82. Direxion Daily NVDA Bull 1.5X Shares has a twelve month low of $20.18 and a twelve month high of $74.51.

Direxion Daily NVDA Bull 1.5X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were given a $0.2606 dividend. This represents a $1.04 annualized dividend and a yield of 1.58%. This is a positive change from Direxion Daily NVDA Bull 1.5X Shares’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, March 19th.

Hedge Funds Weigh In On Direxion Daily NVDA Bull 1.5X Shares

An institutional investor recently bought a new position in Direxion Daily NVDA Bull 1.5X Shares stock. IMC Chicago LLC acquired a new position in Direxion Daily NVDA Bull 1.5X Shares (NASDAQ:NVDU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,789 shares of the company’s stock, valued at approximately $802,000. IMC Chicago LLC owned about 2.13% of Direxion Daily NVDA Bull 1.5X Shares as of its most recent filing with the Securities and Exchange Commission.