Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Short Interest Update

Key Points

• Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) experienced a 99.3% increase in short interest in September, reaching a total of 387,400 shares as of the end of the month.
• Institutional investors, including Simplex Trading LLC and Jane Street Group LLC, have significantly increased their stakes in MSFU, indicating growing confidence in the fund.
• MSFU stock traded up to $51.52 recently, with a market cap of $190.62 million, and has a notable 52-week price range between $25.06 and $61.16.

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - ) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 387,400 shares, a growth of 99.3% from the September 15th total of 194,400 shares. Based on an average daily volume of 474,400 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 474,400 shares, the short-interest ratio is currently 0.8 days.

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

Large investors have recently added to or reduced their stakes in the stock. Simplex Trading LLC lifted its stake in shares of Direxion Daily MSFT Bull 2X Shares by 133.0% in the 1st quarter. Simplex Trading LLC now owns 13,030 shares of the company's stock valued at $388,000 after purchasing an additional 7,437 shares during the last quarter. SOA Wealth Advisors LLC. bought a new stake in Direxion Daily MSFT Bull 2X Shares in the second quarter worth $46,000. SBI Securities Co. Ltd. boosted its stake in Direxion Daily MSFT Bull 2X Shares by 34.8% during the first quarter. SBI Securities Co. Ltd. now owns 9,110 shares of the company's stock worth $272,000 after buying an additional 2,351 shares during the period. Jane Street Group LLC boosted its stake in Direxion Daily MSFT Bull 2X Shares by 31.9% during the second quarter. Jane Street Group LLC now owns 41,129 shares of the company's stock worth $2,043,000 after buying an additional 9,945 shares during the period. Finally, Two Sigma Securities LLC bought a new position in Direxion Daily MSFT Bull 2X Shares during the second quarter valued at $634,000.

Direxion Daily MSFT Bull 2X Shares Stock Performance

MSFU stock traded up $0.59 during trading on Monday, hitting $51.52. 365,585 shares of the company's stock traded hands, compared to its average volume of 542,352. Direxion Daily MSFT Bull 2X Shares has a 52 week low of $25.06 and a 52 week high of $61.16. The stock has a market capitalization of $190.62 million, a price-to-earnings ratio of 42.77 and a beta of -2.33. The business has a fifty day simple moving average of $51.27 and a 200 day simple moving average of $46.17.

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.

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