Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Announces $0.72 Quarterly Dividend

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) declared a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.7196 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 23rd.

Direxion Daily NVDA Bull 2X Shares Stock Performance

Shares of Direxion Daily NVDA Bull 2X Shares stock traded up $5.26 during trading on Tuesday, hitting $120.66. 510,654 shares of the company’s stock were exchanged, compared to its average volume of 1,024,636. The business has a 50-day simple moving average of $124.78 and a 200-day simple moving average of $117.38. The stock has a market capitalization of $576.75 million, a price-to-earnings ratio of 42.98 and a beta of 4.20. Direxion Daily NVDA Bull 2X Shares has a 52-week low of $32.63 and a 52-week high of $165.77.

About Direxion Daily NVDA Bull 2X Shares

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.