Short Interest in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Drops By 96.0%

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,809 shares, a decline of 96.0% from the June 30th total of 69,540 shares. Based on an average daily volume of 79,228 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Direxion Daily BRKB Bull 2X Shares Stock Performance

BRKU traded up $0.39 during midday trading on Friday, reaching $22.34. The company had a trading volume of 56,243 shares, compared to its average volume of 211,747. The business has a 50-day moving average of $22.11 and a two-hundred day moving average of $22.48. Direxion Daily BRKB Bull 2X Shares has a 1 year low of $20.25 and a 1 year high of $26.80.

Direxion Daily BRKB Bull 2X Shares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.1121 dividend. This represents a $0.45 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Trading of Direxion Daily BRKB Bull 2X Shares

An institutional investor recently bought a new stake in Direxion Daily BRKB Bull 2X Shares stock. Safe Harbor Fiduciary LLC bought a new position in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,020 shares of the company’s stock, valued at approximately $25,000.

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.