Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD – Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 314,100 shares, a decrease of 34.4% from the February 13th total of 478,600 shares. Approximately 8.6% of the shares of the company are short sold. Based on an average trading volume of 10,833,700 shares, the days-to-cover ratio is presently 0.0 days.
Direxion Daily NVDA Bear 1X Shares Trading Down 5.1 %
NASDAQ NVDD traded down $0.35 on Friday, reaching $6.58. 13,361,391 shares of the company’s stock traded hands, compared to its average volume of 12,403,314. Direxion Daily NVDA Bear 1X Shares has a fifty-two week low of $5.65 and a fifty-two week high of $13.50. The stock has a 50 day moving average price of $6.47 and a 200-day moving average price of $6.67.
Direxion Daily NVDA Bear 1X Shares Dividend Announcement
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.0793 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Trading of Direxion Daily NVDA Bear 1X Shares
Direxion Daily NVDA Bear 1X Shares Company Profile
The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.
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