Optiver Holding B.V. Decreases Stock Holdings in Direxion Daily NVDA Bear 1X Shares $NVDD

Optiver Holding B.V. lessened its holdings in Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) by 96.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,037 shares of the company’s stock after selling 74,779 shares during the period. Optiver Holding B.V. owned approximately 0.40% of Direxion Daily NVDA Bear 1X Shares worth $119,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in NVDD. Flow Traders U.S. LLC purchased a new stake in Direxion Daily NVDA Bear 1X Shares during the 2nd quarter valued at $165,000. StoneX Group Inc. increased its stake in Direxion Daily NVDA Bear 1X Shares by 340.4% in the 2nd quarter. StoneX Group Inc. now owns 45,204 shares of the company’s stock worth $211,000 after buying an additional 34,939 shares during the period. Wakefield Asset Management LLLP purchased a new stake in Direxion Daily NVDA Bear 1X Shares in the 2nd quarter valued at about $658,000. Jane Street Group LLC grew its stake in Direxion Daily NVDA Bear 1X Shares by 211.2% in the second quarter. Jane Street Group LLC now owns 161,655 shares of the company’s stock worth $753,000 after purchasing an additional 109,712 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Direxion Daily NVDA Bear 1X Shares during the 2nd quarter valued at $976,000.

Direxion Daily NVDA Bear 1X Shares Stock Performance

Direxion Daily NVDA Bear 1X Shares stock opened at $38.39 on Friday. The business has a fifty day moving average of $38.33 and a two-hundred day moving average of $39.46. Direxion Daily NVDA Bear 1X Shares has a twelve month low of $34.19 and a twelve month high of $89.85.

Direxion Daily NVDA Bear 1X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were issued a $0.3378 dividend. This is an increase from Direxion Daily NVDA Bear 1X Shares’s previous quarterly dividend of $0.04. This represents a $1.35 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Direxion Daily NVDA Bear 1X Shares Company Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.