Direxion Daily BRKB Bear 1X Shares (NASDAQ:BRKD) Short Interest Up 54.5% in September

Direxion Daily BRKB Bear 1X Shares (NASDAQ:BRKD) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,400 shares, a growth of 54.5% from the September 15th total of 2,200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 2.0 days.

Direxion Daily BRKB Bear 1X Shares Trading Up 0.3%

Shares of BRKD opened at $23.57 on Friday. The business’s fifty day moving average is $23.39 and its 200 day moving average is $23.30. Direxion Daily BRKB Bear 1X Shares has a 12-month low of $21.23 and a 12-month high of $26.28.

Direxion Daily BRKB Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were paid a $0.2117 dividend. This represents a $0.85 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Tuesday, September 23rd.

About Direxion Daily BRKB Bear 1X Shares

The Direxion Daily BRKB Bear 1X Shares (BRKD) is an exchange-traded fund that mostly invests in industrials equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKD was launched on Dec 11, 2024 and is issued by Direxion.