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

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 146,372 shares, a growth of 35.9% from the March 15th total of 107,676 shares. Approximately 7.8% of the company’s stock are short sold. Based on an average trading volume of 133,900 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of Direxion Daily BRKB Bull 2X Shares

Several large investors have recently added to or reduced their stakes in BRKU. Safe Harbor Fiduciary LLC bought a new stake in Direxion Daily BRKB Bull 2X Shares in the 4th quarter valued at $25,000. Optiver Holding B.V. bought a new stake in Direxion Daily BRKB Bull 2X Shares in the 3rd quarter valued at $139,000. Finally, Jane Street Group LLC increased its holdings in Direxion Daily BRKB Bull 2X Shares by 350.5% in the 1st quarter. Jane Street Group LLC now owns 59,175 shares of the company’s stock valued at $1,882,000 after buying an additional 46,040 shares during the period.

Direxion Daily BRKB Bull 2X Shares Stock Performance

BRKU stock traded down $0.13 during trading hours on Wednesday, hitting $21.44. The company’s stock had a trading volume of 134,285 shares, compared to its average volume of 244,590. Direxion Daily BRKB Bull 2X Shares has a 12 month low of $20.75 and a 12 month high of $32.10. The stock has a 50 day moving average price of $22.97 and a two-hundred day moving average price of $24.01.

Direxion Daily BRKB Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a $0.1119 dividend. This represents a $0.45 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Direxion Daily BRKB Bull 2X Shares Company Profile

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.