Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $24.11, but opened at $29.80. Direxion Daily MSFT Bull 2X Shares shares last traded at $31.04, with a volume of 10,332,591 shares changing hands.
Direxion Daily MSFT Bull 2X Shares Trading Up 5.9%
The firm’s 50-day simple moving average is $25.50 and its 200 day simple moving average is $27.59. The stock has a market cap of $1.06 billion, a P/E ratio of 42.77 and a beta of 2.03.
Direxion Daily MSFT Bull 2X Shares Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.1438 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.58 annualized dividend and a dividend yield of 1.7%.
Institutional Trading of Direxion Daily MSFT Bull 2X Shares
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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