Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Announces Quarterly Dividend of $0.53

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.5254 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NASDAQ:NVDU traded down $0.68 during trading hours on Tuesday, hitting $98.50. 235,756 shares of the company’s stock traded hands, compared to its average volume of 485,783. The firm has a market capitalization of $453.10 million, a P/E ratio of 42.98 and a beta of 4.20. The business has a fifty day moving average price of $112.13 and a 200-day moving average price of $119.40. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $32.63 and a 1 year high of $165.77.

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.