Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, June 24th will be given a dividend of 0.3739 per share on Tuesday, July 1st. This represents a $1.50 dividend on an annualized basis and a yield of 3.02%. 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 Stock Down 0.4%
MSFU traded down $0.22 during midday trading on Friday, reaching $49.51. 233,657 shares of the company's stock were exchanged, compared to its average volume of 606,646. The business has a 50-day simple moving average of $41.07 and a two-hundred day simple moving average of $38.12. The firm has a market capitalization of $219.32 million, a price-to-earnings ratio of 42.77 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a one year low of $25.06 and a one year high of $54.39.
Hedge Funds Weigh In On Direxion Daily MSFT Bull 2X Shares
An institutional investor recently bought a new position in Direxion Daily MSFT Bull 2X Shares stock. Jane Street Group LLC acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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.
Direxion Daily MSFT Bull 2X Shares Company Profile
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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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