Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Short Interest Update

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKUGet Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 255,800 shares, a decline of 65.8% from the September 30th total of 748,900 shares. Based on an average daily trading volume, of 468,800 shares, the short-interest ratio is currently 0.5 days. Currently, 7.5% of the shares of the company are short sold. Currently, 7.5% of the shares of the company are short sold. Based on an average daily trading volume, of 468,800 shares, the short-interest ratio is currently 0.5 days.

Direxion Daily BRKB Bull 2X Shares Stock Up 1.0%

BRKU opened at $23.18 on Friday. Direxion Daily BRKB Bull 2X Shares has a fifty-two week low of $21.75 and a fifty-two week high of $32.47. The company has a fifty day moving average of $25.09 and a two-hundred day moving average of $25.84.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were issued a $0.1543 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This is a positive change from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. This represents a $0.62 dividend on an annualized basis and a yield of 2.7%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Direxion Daily BRKB Bull 2X Shares stock. Jane Street Group LLC raised its position in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKUFree Report) by 350.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,175 shares of the company’s stock after buying an additional 46,040 shares during the period. Jane Street Group LLC owned about 3.95% of Direxion Daily BRKB Bull 2X Shares worth $1,882,000 at the end of the most recent quarter.

About Direxion Daily BRKB Bull 2X Shares

(Get Free Report)

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.

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