Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 79,641 shares, a decline of 60.5% from the July 15th total of 201,856 shares. Approximately 7.1% of the shares of the company are short sold. Based on an average daily trading volume, of 115,504 shares, the days-to-cover ratio is currently 0.7 days.
Direxion Daily HOOD Bull 2X ETF Stock Performance
Shares of NASDAQ HODU opened at $11.37 on Friday. Direxion Daily HOOD Bull 2X ETF has a one year low of $5.98 and a one year high of $35.58. The company’s fifty day moving average price is $12.17.
Direxion Daily HOOD Bull 2X ETF Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued 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 2.0%.
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