Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Sets New 1-Year High – Time to Buy?

Posted by Stanley Muller on May 14th, 2026

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $166.80 and last traded at $164.24, with a volume of 209442 shares changing hands. The stock had previously closed at $157.85.

Direxion Daily NVDA Bull 2X Shares Stock Up 8.4%

The firm’s fifty day moving average price is $115.63 and its 200 day moving average price is $118.63. The stock has a market cap of $753.02 million, a PE ratio of 42.98 and a beta of 3.81.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were paid a $0.5254 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $2.10 annualized dividend and a yield of 1.2%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NVDU. PayPay Securities Corp increased its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 52.5% in the fourth quarter. PayPay Securities Corp now owns 334 shares of the company’s stock worth $39,000 after purchasing an additional 115 shares during the last quarter. Bogart Wealth LLC grew its holdings in Direxion Daily NVDA Bull 2X Shares by 25.0% during the 3rd quarter. Bogart Wealth LLC now owns 500 shares of the company’s stock valued at $66,000 after buying an additional 100 shares in the last quarter. Tucker Asset Management LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares during the 4th quarter valued at approximately $69,000. Group One Trading LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter worth approximately $175,000. Finally, TRUE Private Wealth Advisors purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth approximately $204,000.

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.