Direxion Daily MSFT Bull 2X Shares Plans Dividend of $0.14 (NASDAQ:MSFU)

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) announced a dividend on Monday, June 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.1438 per share on Tuesday, June 30th. The ex-dividend date is Tuesday, June 23rd.

Direxion Daily MSFT Bull 2X Shares Price Performance

MSFU opened at $21.75 on Tuesday. The stock has a market capitalization of $645.98 million, a PE ratio of 42.77 and a beta of 1.91. The firm’s fifty day moving average price is $28.04 and its 200 day moving average price is $31.14. Direxion Daily MSFT Bull 2X Shares has a 12-month low of $21.34 and a 12-month high of $61.16.

Institutional Investors Weigh In On Direxion Daily MSFT Bull 2X Shares

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in shares of Direxion Daily MSFT Bull 2X Shares during the first quarter worth about $930,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily MSFT Bull 2X Shares in the second quarter valued at about $207,000. Two Sigma Securities LLC acquired a new stake in Direxion Daily MSFT Bull 2X Shares during the second quarter valued at approximately $634,000. Group One Trading LLC acquired a new stake in Direxion Daily MSFT Bull 2X Shares during the third quarter valued at approximately $137,000. Finally, Harvest Fund Management Co. Ltd bought a new position in Direxion Daily MSFT Bull 2X Shares during the 3rd quarter worth approximately $717,000.

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.