Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 24th will be paid a dividend of 0.3739 per share on Tuesday, July 1st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 52.2% increase from Direxion Daily MSFT Bull 2X Shares's previous quarterly dividend of $0.25.
Direxion Daily MSFT Bull 2X Shares Price Performance
Shares of Direxion Daily MSFT Bull 2X Shares stock traded up $0.49 during midday trading on Tuesday, reaching $48.40. The company had a trading volume of 257,653 shares, compared to its average volume of 498,849. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $25.06 and a fifty-two week high of $54.39. The stock has a fifty day moving average price of $39.89 and a 200 day moving average price of $37.95. The firm has a market cap of $214.41 million, a PE ratio of 42.77 and a beta of -2.33.
Institutional Trading of Direxion Daily MSFT Bull 2X Shares
A hedge fund recently bought a new stake in Direxion Daily MSFT Bull 2X Shares stock. Jane Street Group LLC bought a new stake in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,184 shares of the company's stock, valued at approximately $930,000. Jane Street Group LLC owned approximately 0.70% of Direxion Daily MSFT Bull 2X Shares at the end of the most recent reporting period.
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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