Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report)'s stock price were down 1.8% during mid-day trading on Friday . The company traded as low as $45.47 and last traded at $45.87. Approximately 344,224 shares were traded during trading, a decline of 31% from the average daily volume of 499,009 shares. The stock had previously closed at $46.70.
Direxion Daily MSFT Bull 2X Shares Trading Down 1.8%
The stock has a market cap of $203.20 million, a PE ratio of 37.67 and a beta of -2.33. The business has a 50-day moving average price of $37.95 and a 200-day moving average price of $37.89.
Direxion Daily MSFT Bull 2X Shares Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a dividend of $0.2456 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 2.14%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in MSFU. PayPay Securities Corp purchased a new position in Direxion Daily MSFT Bull 2X Shares in the 4th quarter valued at $31,000. SBI Securities Co. Ltd. purchased a new position in Direxion Daily MSFT Bull 2X Shares in the 4th quarter valued at $267,000. Simplex Trading LLC lifted its holdings in 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 in the last quarter. Jane Street Group LLC purchased a new position in Direxion Daily MSFT Bull 2X Shares in the 1st quarter valued at $930,000. Finally, Optiver Holding B.V. lifted its holdings in Direxion Daily MSFT Bull 2X Shares by 2,298.0% in the 4th quarter. Optiver Holding B.V. now owns 33,093 shares of the company's stock valued at $1,307,000 after purchasing an additional 31,713 shares in the last quarter.
About Direxion Daily MSFT Bull 2X Shares
(
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.
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