Shares of Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report) were up 4.2% during trading on Wednesday. The stock traded as high as $7.92 and last traded at $7.70. Approximately 240,011 shares changed hands during trading, an increase of 41% from the average daily volume of 169,990 shares. The stock had previously closed at $7.39.
Direxion Daily HOOD Bull 2X ETF Stock Performance
The stock’s 50-day moving average is $11.98 and its 200-day moving average is $10.67.
Direxion Daily HOOD Bull 2X ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were given a dividend of $0.0356 per share. This is a drop from Direxion Daily HOOD Bull 2X ETF’s previous quarterly dividend of $0.0578. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.2%.
Institutional Trading of Direxion Daily HOOD Bull 2X ETF
An institutional investor recently bought a new position in Direxion Daily HOOD Bull 2X ETF stock. StoneX Group Inc. purchased a new position in Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,653 shares of the company’s stock, valued at approximately $342,000. StoneX Group Inc. owned approximately 2.57% of Direxion Daily HOOD Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Featured Stories
- Five stocks we like better than Direxion Daily HOOD Bull 2X ETF
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Direxion Daily HOOD Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily HOOD Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
