Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD – Get Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 53,323 shares, a decline of 36.7% from the July 15th total of 84,250 shares. Based on an average trading volume of 178,016 shares, the short-interest ratio is currently 0.3 days. Currently, 8.9% of the shares of the stock are sold short.
Direxion Daily NVDA Bear 1X Shares Price Performance
Shares of NVDD stock traded up $0.75 during trading hours on Tuesday, reaching $30.72. 132,242 shares of the company were exchanged, compared to its average volume of 179,514. Direxion Daily NVDA Bear 1X Shares has a fifty-two week low of $29.41 and a fifty-two week high of $45.00. The stock’s fifty day moving average is $33.02 and its two-hundred day moving average is $35.22.
Direxion Daily NVDA Bear 1X Shares Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a $0.2765 dividend. This represents a $1.11 annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, June 23rd.
Institutional Inflows and Outflows
Direxion Daily NVDA Bear 1X Shares Company Profile
The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.
Further Reading
- Five stocks we like better than Direxion Daily NVDA Bear 1X Shares
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Direxion Daily NVDA Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily NVDA Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
