Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) Trading Up 0.9% – What’s Next?

Posted by Anthony Miller on Jan 3rd, 2025

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) shares were up 0.9% during mid-day trading on Wednesday . The stock traded as high as $13.72 and last traded at $13.72. Approximately 11,384 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 84,808 shares. The stock had previously closed at $13.60.

Direxion Daily MSFT Bear 1X Shares Trading Down 1.2 %

The firm’s 50 day moving average is $13.60 and its 200 day moving average is $13.64.

Direxion Daily MSFT Bear 1X Shares Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1495 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Direxion Daily MSFT Bear 1X Shares

A hedge fund recently bought a new stake in Direxion Daily MSFT Bear 1X Shares stock. Jane Street Group LLC bought a new stake in shares of Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,232 shares of the company’s stock, valued at approximately $179,000. Jane Street Group LLC owned 2.41% of Direxion Daily MSFT Bear 1X Shares as of its most recent SEC filing.

About Direxion Daily MSFT Bear 1X Shares

(Get Free Report)

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.