Short Interest in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Expands By 47.4%

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 575,442 shares, an increase of 47.4% from the January 15th total of 390,272 shares. Based on an average daily volume of 230,023 shares, the short-interest ratio is currently 2.5 days. Approximately 19.0% of the shares of the company are sold short. Approximately 19.0% of the shares of the company are sold short. Based on an average daily volume of 230,023 shares, the short-interest ratio is currently 2.5 days.

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

A hedge fund recently bought a new stake in Direxion Daily BRKB Bull 2X Shares stock. Optiver Holding B.V. acquired a new stake in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,399 shares of the company’s stock, valued at approximately $139,000. Optiver Holding B.V. owned about 0.16% of Direxion Daily BRKB Bull 2X Shares at the end of the most recent quarter.

Direxion Daily BRKB Bull 2X Shares Trading Down 1.0%

Shares of Direxion Daily BRKB Bull 2X Shares stock traded down $0.25 during trading hours on Friday, hitting $23.97. 105,752 shares of the company’s stock traded hands, compared to its average volume of 284,335. Direxion Daily BRKB Bull 2X Shares has a 12-month low of $21.74 and a 12-month high of $32.47. The company has a fifty day simple moving average of $24.11 and a 200-day simple moving average of $24.59.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a $0.2109 dividend. This is a positive change from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. This represents a $0.84 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Direxion Daily BRKB Bull 2X Shares Company Profile

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.