Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Short Interest Up 17.5% in February

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 430,900 shares, a growth of 17.5% from the February 13th total of 366,700 shares. Based on an average trading volume of 707,400 shares, the short-interest ratio is presently 0.6 days. Currently, 13.1% of the company's stock are sold short.

Institutional Investors Weigh In On Direxion Daily MSFT Bull 2X Shares

Hedge funds and other institutional investors have recently bought and sold shares of the company. PayPay Securities Corp purchased a new stake in Direxion Daily MSFT Bull 2X Shares during the fourth quarter valued at approximately $31,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily MSFT Bull 2X Shares during the fourth quarter valued at approximately $267,000. Flow Traders U.S. LLC purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares in the third quarter worth $1,191,000. Optiver Holding B.V. raised its holdings in shares of Direxion Daily MSFT Bull 2X Shares by 2,298.0% in the fourth quarter. Optiver Holding B.V. now owns 33,093 shares of the company's stock worth $1,307,000 after buying an additional 31,713 shares during the last quarter. Finally, TRUE Private Wealth Advisors raised its holdings in shares of Direxion Daily MSFT Bull 2X Shares by 7.5% in the fourth quarter. TRUE Private Wealth Advisors now owns 40,255 shares of the company's stock worth $1,589,000 after buying an additional 2,793 shares during the last quarter.

Direxion Daily MSFT Bull 2X Shares Stock Performance

NASDAQ:MSFU traded up $0.68 during midday trading on Friday, reaching $32.82. 259,217 shares of the stock traded hands, compared to its average volume of 430,133. Direxion Daily MSFT Bull 2X Shares has a 12-month low of $30.63 and a 12-month high of $54.39. The business has a 50-day moving average of $36.47 and a two-hundred day moving average of $40.29. The stock has a market capitalization of $108.31 million, a PE ratio of 33.29 and a beta of -2.33.

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Direxion Daily MSFT Bull 2X Shares Company Profile

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.