Direxion Daily MSFT Bull 2X Shares (MSFU) To Go Ex-Dividend on June 23rd

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) announced a quarterly dividend on Monday, June 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.1438 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, June 23rd.

Direxion Daily MSFT Bull 2X Shares Stock Performance

Shares of Direxion Daily MSFT Bull 2X Shares stock opened at $22.40 on Wednesday. The firm has a 50-day moving average of $28.03 and a 200-day moving average of $30.99. The stock has a market cap of $665.28 million, a PE ratio of 42.77 and a beta of 1.91. Direxion Daily MSFT Bull 2X Shares has a 52-week low of $21.34 and a 52-week high of $61.16.

Institutional Trading of Direxion Daily MSFT Bull 2X Shares

Several hedge funds and other institutional investors have recently bought and sold shares of MSFU. SOA Wealth Advisors LLC. grew its position in shares of Direxion Daily MSFT Bull 2X Shares by 147.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 1,679 shares of the company’s stock worth $39,000 after purchasing an additional 1,000 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Direxion Daily MSFT Bull 2X Shares by 167.4% in the fourth quarter. Parallel Advisors LLC now owns 1,725 shares of the company’s stock valued at $72,000 after buying an additional 1,080 shares in the last quarter. Group One Trading LLC raised its position in shares of Direxion Daily MSFT Bull 2X Shares by 14.6% in the fourth quarter. Group One Trading LLC now owns 3,011 shares of the company’s stock valued at $125,000 after buying an additional 384 shares in the last quarter. Safe Harbor Fiduciary LLC acquired a new stake in shares of Direxion Daily MSFT Bull 2X Shares in the fourth quarter valued at approximately $132,000. Finally, StoneX Group Inc. bought a new stake in shares of Direxion Daily MSFT Bull 2X Shares in the fourth quarter valued at approximately $207,000.

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.