Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Short Interest Update

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU - Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 287,805 shares, a growth of 401.9% from the November 30th total of 57,345 shares. Based on an average trading volume of 275,567 shares, the short-interest ratio is presently 1.0 days. Currently, 8.7% of the shares of the stock are short sold. Currently, 8.7% of the shares of the stock are short sold. Based on an average trading volume of 275,567 shares, the short-interest ratio is presently 1.0 days.Direxion Daily BRKB Bull 2X Shares Stock PerformanceShares of BRKU stock opened at $24.71 on Thursday. Direxion Daily BRKB Bull 2X Shares has a twelve month low of $21.75 and a twelve month high of $32.47. The stock's fifty day simple moving average is $24.90 and its 200 day simple moving average is $24.82. Direxion Daily BRKB Bull 2X Shares Increases DividendThe company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd will be issued a dividend of $0.2109 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.4%. This is an increase from Direxion Daily BRKB Bull 2X Shares's previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, December 23rd. Institutional Investors Weigh In On Direxion Daily BRKB Bull 2X SharesA hedge fund recently raised its stake in Direxion Daily BRKB Bull 2X Shares stock. Jane Street Group LLC raised its holdings in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU - Free Report) by 350.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 59,175 shares of the company's stock after acquiring an additional 46,040 shares during the quarter. Jane Street Group LLC owned approximately 3.95% of Direxion Daily BRKB Bull 2X Shares worth $1,882,000 as of its most recent SEC filing. Direxion Daily BRKB Bull 2X Shares Company Profile (Get Free Report)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. Recommended StoriesFive stocks we like better than Direxion Daily BRKB Bull 2X SharesDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyForget AI, This Will Be the Next Big Tech BreakthroughThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Direxion Daily BRKB Bull 2X Shares Right Now?Before you consider Direxion Daily BRKB Bull 2X Shares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily BRKB Bull 2X Shares wasn't on the list.While Direxion Daily BRKB Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here