Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 105,025 shares, a decrease of 74.5% from the April 30th total of 411,698 shares. Currently, 11.1% of the company’s stock are short sold. Based on an average trading volume of 283,311 shares, the short-interest ratio is currently 0.4 days.
Direxion Daily HOOD Bull 2X ETF Stock Performance
Shares of NASDAQ HODU traded up $2.14 during mid-day trading on Friday, reaching $11.60. 701,175 shares of the company traded hands, compared to its average volume of 161,547. The company’s fifty day moving average is $8.25. Direxion Daily HOOD Bull 2X ETF has a fifty-two week low of $5.98 and a fifty-two week high of $35.58.
Direxion Daily HOOD Bull 2X ETF Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.0705 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.4%.
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