Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 136,100 shares, a drop of 55.1% from the December 31st total of 302,900 shares. Based on an average daily volume of 496,700 shares, the short-interest ratio is currently 0.3 days.
Direxion Daily MSFT Bull 2X Shares Trading Down 2.1 %
Direxion Daily MSFT Bull 2X Shares stock traded down $0.78 during midday trading on Monday, reaching $36.83. The stock had a trading volume of 1,233,276 shares, compared to its average volume of 785,788. The company has a fifty day moving average price of $42.13 and a two-hundred day moving average price of $42.29. Direxion Daily MSFT Bull 2X Shares has a 12 month low of $36.29 and a 12 month high of $54.39. The company has a market capitalization of $122.64 million, a P/E ratio of 43.52 and a beta of -2.33.
Direxion Daily MSFT Bull 2X Shares Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.4026 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Trading of Direxion Daily MSFT Bull 2X Shares
An institutional investor recently bought a new position in Direxion Daily MSFT Bull 2X Shares stock. PayPay Securities Corp purchased a new stake in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 790 shares of the company's stock, valued at approximately $31,000. Direxion Daily MSFT Bull 2X Shares comprises about 1.3% of PayPay Securities Corp's holdings, making the stock its 24th biggest holding.
About Direxion Daily MSFT Bull 2X Shares
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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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