Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 81,400 shares, an increase of 21.0% from the August 15th total of 67,300 shares. Based on an average daily trading volume, of 317,000 shares, the short-interest ratio is presently 0.3 days.
Direxion Daily MSFT Bull 2X Shares Trading Up 1.7 %
MSFU traded up $0.77 during trading on Tuesday, hitting $45.70. 417,813 shares of the company’s stock were exchanged, compared to its average volume of 257,061. Direxion Daily MSFT Bull 2X Shares has a 1 year low of $30.31 and a 1 year high of $54.39. The stock has a 50 day moving average price of $43.66 and a 200 day moving average price of $45.19. The firm has a market cap of $105.11 million, a P/E ratio of 43.52 and a beta of -2.33.
Direxion Daily MSFT Bull 2X Shares Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were issued a $0.3713 dividend. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $1.49 annualized dividend and a yield of 3.25%.
Institutional Inflows and Outflows
About Direxion Daily MSFT Bull 2X Shares
The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.
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