Direxion Daily HOOD Bull 2X ETF (NASDAQ:HODU – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 79,641 shares, a drop 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 short-interest ratio is currently 0.7 days.
Direxion Daily HOOD Bull 2X ETF Trading Up 8.9%
Shares of HODU stock opened at $11.37 on Friday. The firm’s fifty day simple moving average is $12.17. Direxion Daily HOOD Bull 2X ETF has a 1 year low of $5.98 and a 1 year high of $35.58.
Direxion Daily HOOD Bull 2X ETF Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a $0.0578 dividend. This represents a $0.23 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, June 23rd.
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