Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Trading 7.9% Higher – What’s Next?

Posted by Brenda Bartman on Jul 16th, 2026

Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU – Get Free Report) shot up 7.9% during trading on Tuesday . The stock traded as high as $131.63 and last traded at $131.63. 272,355 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 494,394 shares. The stock had previously closed at $122.03.

Direxion Daily NVDA Bull 2X Shares Trading Up 0.5%

The firm’s 50-day moving average price is $133.90 and its 200 day moving average price is $120.96. The company has a market capitalization of $648.16 million, a price-to-earnings ratio of 42.98 and a beta of 3.79.

Direxion Daily NVDA Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.694 per share. This represents a $2.78 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, June 23rd.

Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PayPay Securities Corp grew its position in 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 valued at $39,000 after acquiring an additional 115 shares during the last quarter. Creative Planning lifted its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 3.4% in the third quarter. Creative Planning now owns 4,902 shares of the company’s stock worth $643,000 after acquiring an additional 163 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of Direxion Daily NVDA Bull 2X Shares by 4.6% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,200 shares of the company’s stock valued at $494,000 after purchasing an additional 185 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Direxion Daily NVDA Bull 2X Shares by 0.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 38,293 shares of the company’s stock valued at $4,508,000 after purchasing an additional 351 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 10.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,216 shares of the company’s stock valued at $496,000 after purchasing an additional 416 shares during the last quarter.

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.