Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Sees Large Increase in Short Interest

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 390,272 shares, an increase of 129.0% from the December 31st total of 170,407 shares. Based on an average daily trading volume, of 189,871 shares, the short-interest ratio is presently 2.1 days. Approximately 14.7% of the company’s stock are short sold. Approximately 14.7% of the company’s stock are short sold. Based on an average daily trading volume, of 189,871 shares, the short-interest ratio is presently 2.1 days.

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

An institutional investor recently bought a new position in Direxion Daily BRKB Bull 2X Shares stock. Optiver Holding B.V. purchased a new position in shares of Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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 as of its most recent filing with the Securities & Exchange Commission.

Direxion Daily BRKB Bull 2X Shares Price Performance

NASDAQ:BRKU opened at $21.86 on Thursday. Direxion Daily BRKB Bull 2X Shares has a 52 week low of $21.74 and a 52 week high of $32.47. The firm has a 50 day moving average of $24.56 and a 200 day moving average of $24.60.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a $0.2109 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a positive change from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15.

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.