Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Trading Up 5.8% – Here’s Why

Posted by Kyle Jackson on Apr 6th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) were up 5.8% on Monday . The company traded as high as $154.69 and last traded at $148.51. Approximately 1,470,581 shares traded hands during trading, a decline of 38% from the average daily volume of 2,384,776 shares. The stock had previously closed at $140.43.

Direxion Daily MU Bull 2X Shares Trading Up 8.0%

The company’s fifty day moving average price is $183.21 and its 200-day moving average price is $118.39.

Direxion Daily MU Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.6767 per share. The ex-dividend date was Tuesday, March 24th. This is a positive change from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. This represents a $2.71 dividend on an annualized basis and a dividend yield of 1.8%.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

A number of hedge funds have recently added to or reduced their stakes in MUU. Goldman Sachs Group Inc. bought a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at approximately $716,000. Tower Research Capital LLC TRC increased its holdings in shares of Direxion Daily MU Bull 2X Shares by 95.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock worth $64,000 after purchasing an additional 1,289 shares in the last quarter. Belvedere Trading LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares in the third quarter worth $844,000. Optiver Holding B.V. lifted its holdings in shares of Direxion Daily MU Bull 2X Shares by 166.8% during the third quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock valued at $1,528,000 after purchasing an additional 23,032 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Direxion Daily MU Bull 2X Shares during the third quarter valued at $840,000.

Direxion Daily MU Bull 2X Shares Company Profile

(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.