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

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 287,805 shares, a growth of 401.9% from the November 30th total of 57,345 shares. Based on an average trading volume of 275,567 shares, the short-interest ratio is presently 1.0 days. Currently, 8.7% of the shares of the stock are short sold. Currently, 8.7% of the shares of the stock are short sold. Based on an average trading volume of 275,567 shares, the short-interest ratio is presently 1.0 days.

Direxion Daily BRKB Bull 2X Shares Stock Performance

Shares of BRKU stock opened at $24.71 on Thursday. Direxion Daily BRKB Bull 2X Shares has a twelve month low of $21.75 and a twelve month high of $32.47. The stock’s fifty day simple moving average is $24.90 and its 200 day simple moving average is $24.82.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd will be issued a dividend of $0.2109 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.4%. This is an increase from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, December 23rd.

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

A hedge fund recently raised its stake in Direxion Daily BRKB Bull 2X Shares stock. Jane Street Group LLC raised its holdings in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) by 350.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 59,175 shares of the company’s stock after acquiring an additional 46,040 shares during the quarter. Jane Street Group LLC owned approximately 3.95% of Direxion Daily BRKB Bull 2X Shares worth $1,882,000 as of its most recent SEC filing.

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.