Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 213,249 shares, an increase of 202.2% from the October 15th total of 70,567 shares. Based on an average daily volume of 170,500 shares, the short-interest ratio is presently 1.3 days. Currently, 18.5% of the shares of the company are sold short.
Direxion Daily HOOD Bull 2X ETF Trading Down 9.2%
Shares of HODU stock traded down $0.60 during mid-day trading on Friday, hitting $5.94. 200,357 shares of the stock were exchanged, compared to its average volume of 169,418. Direxion Daily HOOD Bull 2X ETF has a 52-week low of $5.60 and a 52-week high of $35.58. The firm has a fifty day moving average of $11.33 and a 200 day moving average of $10.56.
Direxion Daily HOOD Bull 2X ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 22nd were paid a $0.0356 dividend. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $0.14 dividend on an annualized basis and a yield of 2.4%. This is a decrease from Direxion Daily HOOD Bull 2X ETF’s previous quarterly dividend of $0.0578.
Hedge Funds Weigh In On Direxion Daily HOOD Bull 2X ETF
An institutional investor recently bought a new stake in Direxion Daily HOOD Bull 2X ETF stock. StoneX Group Inc. bought a new position in shares of Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,653 shares of the company’s stock, valued at approximately $342,000. StoneX Group Inc. owned approximately 2.57% of Direxion Daily HOOD Bull 2X ETF as of its most recent SEC filing.
About Direxion Daily HOOD Bull 2X ETF
The Direxion Daily HOOD Bull 2X ETF (HODU) is an exchange-traded fund that mostly invests in financial stocks. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Robinhood Markets, Inc. (NASDAQ: HOOD). HODU was launched on Nov 19, 2025 and is issued by Direxion.
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