Direxion Daily MU Bull 2X Shares (
NASDAQ:MUU -
Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $542.72, but opened at $608.49. Direxion Daily MU Bull 2X Shares shares last traded at $587.00, with a volume of 1,723,282 shares traded.
Direxion Daily MU Bull 2X Shares Stock Performance
The business's 50-day moving average price is $205.29 and its 200 day moving average price is $148.85.
Direxion Daily MU Bull 2X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a dividend of $0.6767 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This is an increase from Direxion Daily MU Bull 2X Shares's previous quarterly dividend of $0.38. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.4%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in MUU. Goldman Sachs Group Inc. acquired a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter worth $716,000. Tower Research Capital LLC TRC raised its holdings in Direxion Daily MU Bull 2X Shares by 95.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company's stock valued at $64,000 after acquiring an additional 1,289 shares in the last quarter. Belvedere Trading LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the third quarter valued at $844,000. Optiver Holding B.V. raised its holdings in Direxion Daily MU Bull 2X Shares by 166.8% in the third quarter. Optiver Holding B.V. now owns 36,840 shares of the company's stock valued at $1,528,000 after acquiring an additional 23,032 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the third quarter valued at $840,000.
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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