IMC Chicago LLC Takes Position in Direxion Daily MSFT Bear 1X Shares $MSFD

IMC Chicago LLC bought a new position in shares of Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 127,258 shares of the company’s stock, valued at approximately $1,372,000. IMC Chicago LLC owned 0.16% of Direxion Daily MSFT Bear 1X Shares as of its most recent SEC filing.

Separately, Advisory Services Network LLC acquired a new stake in shares of Direxion Daily MSFT Bear 1X Shares during the 2nd quarter worth approximately $697,000.

Direxion Daily MSFT Bear 1X Shares Stock Down 1.9%

NASDAQ:MSFD opened at $13.72 on Friday. The company has a 50 day moving average price of $11.92 and a 200-day moving average price of $11.31. Direxion Daily MSFT Bear 1X Shares has a 1-year low of $10.06 and a 1-year high of $16.53.

Direxion Daily MSFT Bear 1X Shares Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.