Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) to Issue $0.10 Quarterly Dividend

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU - Get Free Report) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 24th will be given a dividend of 0.1034 per share on Tuesday, July 1st. This represents a $0.41 annualized dividend and a yield of 1.66%. The ex-dividend date is Tuesday, June 24th.

Direxion Daily MU Bull 2X Shares Trading Down 2.3%

Shares of NASDAQ MUU traded down $0.59 during trading on Friday, reaching $24.85. The company had a trading volume of 429,466 shares, compared to its average volume of 422,386. Direxion Daily MU Bull 2X Shares has a 52 week low of $6.77 and a 52 week high of $31.04. The business's 50 day moving average price is $16.06 and its 200-day moving average price is $17.04.

Institutional Trading of Direxion Daily MU Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily MU Bull 2X Shares stock. Goldman Sachs Group Inc. acquired a new stake in Direxion Daily MU Bull 2X Shares (NASDAQ:MUU - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 50,000 shares of the company's stock, valued at approximately $716,000. Goldman Sachs Group Inc. owned about 2.38% of Direxion Daily MU Bull 2X Shares as of its most recent filing with the SEC.

About Direxion Daily MU Bull 2X Shares

The Direxion Daily MU Bull 2X Shares (MUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.