10,046 Shares in Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) Acquired by PayPay Securities Corp

PayPay Securities Corp purchased a new stake in Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,046 shares of the company’s stock, valued at approximately $65,000. Direxion Daily NVDA Bear 1X Shares accounts for approximately 2.8% of PayPay Securities Corp’s portfolio, making the stock its 6th biggest position.

Several other large investors have also recently modified their holdings of the business. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily NVDA Bear 1X Shares in the third quarter worth $144,000. Sterling Investment Advisors Ltd. bought a new position in Direxion Daily NVDA Bear 1X Shares during the 3rd quarter worth $245,000. Finally, IMC Chicago LLC acquired a new position in Direxion Daily NVDA Bear 1X Shares during the 4th quarter worth about $643,000.

Direxion Daily NVDA Bear 1X Shares Price Performance

Shares of NVDD stock opened at $6.09 on Friday. Direxion Daily NVDA Bear 1X Shares has a 1-year low of $5.65 and a 1-year high of $16.38. The stock has a 50-day moving average of $6.38 and a 200-day moving average of $6.90.

Direxion Daily NVDA Bear 1X Shares Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.0793 per share. The ex-dividend date was Monday, December 23rd.

Direxion Daily NVDA Bear 1X Shares Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.