Simplex Trading LLC Has $388,000 Stock Position in Direxion Daily MSFT Bull 2X Shares $MSFU

Key Points

• Simplex Trading LLC increased its stake in Direxion Daily MSFT Bull 2X Shares by 133.0%, now owning 13,030 shares worth $388,000.
• Optiver Holding B.V. significantly boosted its stake by 2,298.0%, acquiring 33,093 shares valued at $1,307,000.
• The company recently announced an increase in its quarterly dividend to $0.3739 per share, up from $0.25, reflecting an annualized yield of 2.8%.

Simplex Trading LLC boosted its holdings in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Free Report) by 133.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,030 shares of the company's stock after acquiring an additional 7,437 shares during the period. Simplex Trading LLC owned approximately 0.29% of Direxion Daily MSFT Bull 2X Shares worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, SBI Securities Co. Ltd. lifted its holdings in Direxion Daily MSFT Bull 2X Shares by 34.8% during the first 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.

Direxion Daily MSFT Bull 2X Shares Stock Performance

MSFU stock traded up $0.8970 during midday trading on Friday, hitting $51.2070. 246,707 shares of the company's stock were exchanged, compared to its average volume of 541,842. The stock's fifty day moving average price is $51.12 and its 200-day moving average price is $41.00. The company has a market cap of $130.58 million, a PE ratio of 42.77 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a one year low of $25.06 and a one year high of $61.16.

Direxion Daily MSFT Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were paid a $0.3739 dividend. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $1.50 annualized dividend and a dividend yield of 2.9%. This is a positive change from Direxion Daily MSFT Bull 2X Shares's previous quarterly dividend of $0.25.

Direxion Daily MSFT Bull 2X Shares Company Profile

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.