Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU) Shares Down 4.6% – Here’s Why

Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODUGet Free Report) shares traded down 4.6% during mid-day trading on Friday . The company traded as low as $15.57 and last traded at $16.09. Approximately 122,002 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 173,183 shares. The stock had previously closed at $16.86.

Direxion Daily HOOD Bull 2X ETF Price Performance

The business’s fifty day simple moving average is $12.41.

Direxion Daily HOOD Bull 2X ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.0578 dividend. This represents a $0.23 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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