Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Stock Price Down 4.9% – Time to Sell?

Posted by Geri Gentry on Jul 9th, 2026

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) were down 4.9% on Thursday . The stock traded as low as $117.20 and last traded at $117.42. Approximately 230,837 shares changed hands during trading, a decline of 53% from the average session volume of 494,521 shares. The stock had previously closed at $123.46.

Direxion Daily NVDA Bull 2X Shares Trading Down 2.2%

The firm has a 50 day moving average price of $134.24 and a 200-day moving average price of $120.60. The firm has a market cap of $589.02 million, a PE ratio of 42.98 and a beta of 3.79.

Direxion Daily NVDA Bull 2X Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.694 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $2.78 annualized dividend and a yield of 2.3%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NVDU. PayPay Securities Corp increased its position in shares of Direxion Daily NVDA Bull 2X Shares by 52.5% in the 4th quarter. PayPay Securities Corp now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 115 shares during the last quarter. Tucker Asset Management LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at $69,000. Group One Trading LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the third quarter valued at $175,000. TRUE Private Wealth Advisors acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the third quarter valued at $204,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth about $262,000.

About Direxion Daily NVDA Bull 2X Shares

(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.