Short Interest in Direxion Daily BRKB Bear 1X Shares (NASDAQ:BRKD) Expands By 54.5%

Direxion Daily BRKB Bear 1X Shares (NASDAQ:BRKD) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,400 shares, an increase of 54.5% from the September 15th total of 2,200 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 2.0 days.

Direxion Daily BRKB Bear 1X Shares Stock Performance

NASDAQ BRKD opened at $23.51 on Thursday. Direxion Daily BRKB Bear 1X Shares has a 52 week low of $21.23 and a 52 week high of $26.28. The company has a 50-day moving average price of $23.40 and a two-hundred day moving average price of $23.30.

Direxion Daily BRKB Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were given a $0.2117 dividend. The ex-dividend date was Tuesday, September 23rd. This represents a $0.85 annualized dividend and a yield of 3.6%.

Direxion Daily BRKB Bear 1X Shares Company Profile

The Direxion Daily BRKB Bear 1X Shares (BRKD) is an exchange-traded fund that mostly invests in industrials equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKD was launched on Dec 11, 2024 and is issued by Direxion.