Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Declares Quarterly Dividend of $0.42

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.4201 per share on Tuesday, April 1st. This represents a $1.68 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily NVDA Bull 2X Shares Trading Down 1.6 %

NVDU opened at $65.17 on Wednesday. Direxion Daily NVDA Bull 2X Shares has a 12-month low of $44.91 and a 12-month high of $146.87. The company has a market cap of $488.78 million, a price-to-earnings ratio of 43.89 and a beta of 4.15. The stock has a fifty day simple moving average of $76.75 and a two-hundred day simple moving average of $96.92.

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.