Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report)’s share price were down 6.1% on Monday . The company traded as low as $35.16 and last traded at $35.16. Approximately 2,056,452 shares changed hands during trading, a decline of 66% from the average session volume of 6,105,925 shares. The stock had previously closed at $37.45.
Direxion Daily MSFT Bull 2X Shares Trading Down 6.4%
The firm has a 50 day simple moving average of $26.93 and a two-hundred day simple moving average of $27.54. The company has a market capitalization of $1.09 billion, a PE ratio of 42.77 and a beta of 1.89.
Direxion Daily MSFT Bull 2X Shares Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a dividend of $0.1438 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.58 annualized dividend and a dividend yield of 1.6%.
Hedge Funds Weigh In On 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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