Shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) rose 1.3% during mid-day trading on Monday . The stock traded as high as $49.40 and last traded at $48.88. Approximately 505,917 shares traded hands during trading, a decline of 5% from the average daily volume of 534,033 shares. The stock had previously closed at $48.23.
Direxion Daily MSFT Bull 2X Shares Stock Performance
The firm has a fifty day simple moving average of $51.72 and a 200-day simple moving average of $42.18. The company has a market capitalization of $124.64 million, a PE ratio of 42.77 and a beta of -2.33.
Direxion Daily MSFT Bull 2X Shares Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were issued a dividend of $0.3739 per share. The ex-dividend date was Tuesday, June 24th. This represents a $1.50 annualized dividend and a yield of 3.1%. This is a boost from Direxion Daily MSFT Bull 2X Shares's previous quarterly dividend of $0.25.
Institutional Investors Weigh In On Direxion Daily MSFT Bull 2X Shares
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its holdings in Direxion Daily MSFT Bull 2X Shares by 31.9% during the 2nd quarter. Jane Street Group LLC now owns 41,129 shares of the company's stock worth $2,043,000 after purchasing an additional 9,945 shares during the last quarter. Simplex Trading LLC grew its position 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 worth $388,000 after acquiring an additional 7,437 shares in the last quarter. Two Sigma Securities LLC acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares in the 2nd quarter worth approximately $634,000. SBI Securities Co. Ltd. grew its position in shares of Direxion Daily MSFT Bull 2X Shares by 34.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 9,110 shares of the company's stock worth $272,000 after acquiring an additional 2,351 shares in the last quarter. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares in the 2nd quarter worth approximately $242,000.
Direxion Daily MSFT Bull 2X Shares Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Direxion Daily MSFT Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily MSFT Bull 2X Shares wasn't on the list.
While Direxion Daily MSFT Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
