Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Up – Still a Buy?

Posted by Mark Dietrich on Aug 14th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $25.98, but opened at $28.68. Direxion Daily MU Bull 2X Shares shares last traded at $29.46, with a volume of 14,341,510 shares trading hands.

Direxion Daily MU Bull 2X Shares Stock Up 8.7%

The stock’s fifty day simple moving average is $36.75 and its two-hundred day simple moving average is $22.84.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.1024 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Trading of Direxion Daily MU Bull 2X Shares

Hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Group AG purchased a new position in Direxion Daily MU Bull 2X Shares during the fourth quarter valued at $10,100,000. Goldman Sachs Group Inc. purchased a new stake in shares of Direxion Daily MU Bull 2X Shares in the first quarter worth $716,000. Citadel Advisors LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares in the third quarter worth $840,000. Optiver Holding B.V. bought a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter valued at $1,533,000. Finally, Client First Investment Management LLC bought a new position in shares of Direxion Daily MU Bull 2X Shares during the fourth quarter valued at $883,000.

About Direxion Daily MU Bull 2X Shares

(Get Free Report)

The Direxion Daily MU Bull 2X Shares (MUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.