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

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

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 24th will be paid a dividend of 0.1034 per share on Tuesday, July 1st. This represents a $0.41 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, June 24th.

Direxion Daily MU Bull 2X Shares Price Performance

Direxion Daily MU Bull 2X Shares stock traded up $2.22 during trading on Tuesday, reaching $26.26. The company had a trading volume of 452,806 shares, compared to its average volume of 409,566. Direxion Daily MU Bull 2X Shares has a 12-month low of $6.77 and a 12-month high of $31.04. The stock's 50 day moving average price is $15.00 and its two-hundred day moving average price is $16.91.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

A hedge fund recently bought a new stake in Direxion Daily MU Bull 2X Shares stock. Goldman Sachs Group Inc. acquired a new position in shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 50,000 shares of the company's stock, valued at approximately $716,000. Goldman Sachs Group Inc. owned 2.38% of Direxion Daily MU Bull 2X Shares as of its most recent SEC filing.

Direxion Daily MU Bull 2X Shares Company Profile

(Get Free Report)

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.

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