Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Trading 1.4% Higher – Still a Buy?

Posted by Alphonse Anthony on Jun 12th, 2026

Shares of Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) rose 1.4% during mid-day trading on Tuesday . The company traded as high as $14.33 and last traded at $13.23. Approximately 33,978,159 shares changed hands during trading, an increase of 684% from the average daily volume of 4,334,157 shares. The stock had previously closed at $13.05.

Direxion Daily MU Bear 1X Shares Stock Performance

The stock has a 50-day simple moving average of $23.54 and a 200-day simple moving average of $40.08.

Direxion Daily MU Bear 1X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Investors Weigh In On Direxion Daily MU Bear 1X Shares

Institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP grew its stake in Direxion Daily MU Bear 1X Shares by 40.5% during the third quarter. Susquehanna International Group LLP now owns 20,616 shares of the company’s stock worth $228,000 after buying an additional 5,941 shares during the period. Jane Street Group LLC purchased a new stake in Direxion Daily MU Bear 1X Shares during the fourth quarter worth approximately $133,000. Finally, Optiver Holding B.V. grew its stake in Direxion Daily MU Bear 1X Shares by 72.7% during the third quarter. Optiver Holding B.V. now owns 29,172 shares of the company’s stock worth $322,000 after buying an additional 12,277 shares during the period.

About Direxion Daily MU Bear 1X Shares

(Get Free Report)

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.