Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU) Trading Down 1.5% – Should You Sell?

Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODUGet Free Report) was down 1.5% during trading on Wednesday . The stock traded as low as $9.92 and last traded at $10.02. Approximately 74,988 shares traded hands during trading, a decline of 58% from the average daily volume of 177,891 shares. The stock had previously closed at $10.17.

Direxion Daily HOOD Bull 2X ETF Trading Down 1.5%

The stock’s fifty day moving average price is $12.16.

Direxion Daily HOOD Bull 2X ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.0578 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.23 annualized dividend and a yield of 2.3%.

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