Short Interest in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Expands By 136.7%

Posted by Francis Steltz on Aug 15th, 2026

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 440,655 shares, an increase of 136.7% from the July 15th total of 186,137 shares. Currently, 9.6% of the company’s shares are sold short. Based on an average daily trading volume, of 331,698 shares, the days-to-cover ratio is presently 1.3 days.

Direxion Daily NVDA Bull 2X Shares Stock Performance

NVDU stock traded down $0.26 on Friday, reaching $146.22. The company’s stock had a trading volume of 195,810 shares, compared to its average volume of 471,732. The firm has a market cap of $668.23 million, a PE ratio of 42.98 and a beta of 3.80. The business has a fifty day simple moving average of $125.64 and a two-hundred day simple moving average of $122.70. Direxion Daily NVDA Bull 2X Shares has a 12-month low of $86.02 and a 12-month high of $172.89.

Direxion Daily NVDA Bull 2X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.694 dividend. This represents a $2.78 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares

Large investors have recently modified their holdings of the stock. Jump Financial LLC bought a new position in Direxion Daily NVDA Bull 2X Shares in the second quarter worth about $654,000. HRT Financial LP bought a new stake in Direxion Daily NVDA Bull 2X Shares during the 2nd quarter valued at approximately $1,925,000. Captrust Financial Advisors boosted its position in Direxion Daily NVDA Bull 2X Shares by 68.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,985 shares of the company’s stock valued at $988,000 after acquiring an additional 4,050 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Direxion Daily NVDA Bull 2X Shares by 599.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,868 shares of the company’s stock valued at $1,274,000 after acquiring an additional 11,027 shares in the last quarter. Finally, Group One Trading LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth approximately $175,000.

Direxion Daily NVDA Bull 2X Shares Company Profile

(Get Free Report)

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.