Jane Street Group LLC Sells 16,783 Shares of Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)

Jane Street Group LLC lessened its holdings in Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) by 20.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,648 shares of the company’s stock after selling 16,783 shares during the quarter. Jane Street Group LLC owned approximately 1.47% of Direxion Daily NVDA Bear 1X Shares worth $468,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NVDD. Silver Lake Advisory LLC bought a new position in Direxion Daily NVDA Bear 1X Shares in the 2nd quarter valued at approximately $81,000. Sterling Investment Advisors Ltd. bought a new position in Direxion Daily NVDA Bear 1X Shares in the 3rd quarter valued at approximately $245,000. Finally, Flow Traders U.S. LLC bought a new position in Direxion Daily NVDA Bear 1X Shares in the 3rd quarter valued at approximately $144,000.

Direxion Daily NVDA Bear 1X Shares Trading Down 3.3 %

Shares of NASDAQ NVDD opened at $5.79 on Tuesday. The company has a 50 day simple moving average of $6.30 and a 200 day simple moving average of $7.18. Direxion Daily NVDA Bear 1X Shares has a 1 year low of $5.68 and a 1 year high of $22.04.

Direxion Daily NVDA Bear 1X Shares Announces Dividend

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

About Direxion Daily NVDA Bear 1X Shares

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.