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

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

Direxion Daily NVDA Bull 2X Shares Stock Performance

Shares of NVDU traded down $0.68 on Tuesday, hitting $98.50. 235,756 shares of the stock traded hands, compared to its average volume of 485,783. Direxion Daily NVDA Bull 2X Shares has a one year low of $32.63 and a one year high of $165.77. The company has a market capitalization of $453.10 million, a PE ratio of 42.98 and a beta of 4.20. The business has a 50 day simple moving average of $112.13 and a 200 day simple moving average of $119.40.

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.