Direxion Daily MSFT Bear 1X ETF (NASDAQ:MSFD) Announces $0.08 Quarterly Dividend

Direxion Daily MSFT Bear 1X ETF (NASDAQ:MSFD) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.0752 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily MSFT Bear 1X ETF Price Performance

NASDAQ:MSFD remained flat at $10.27 on Tuesday. The company’s stock had a trading volume of 871,118 shares, compared to its average volume of 1,540,615. Direxion Daily MSFT Bear 1X ETF has a 12 month low of $9.94 and a 12 month high of $15.33. The business has a fifty day moving average of $11.18 and a two-hundred day moving average of $12.77.

Institutional Trading of Direxion Daily MSFT Bear 1X ETF

Large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new position in shares of Direxion Daily MSFT Bear 1X ETF in the first quarter worth about $53,000. Hamilton Wealth LLC bought a new position in Direxion Daily MSFT Bear 1X ETF in the 4th quarter valued at about $138,000. Citadel Advisors LLC bought a new position in Direxion Daily MSFT Bear 1X ETF during the 2nd quarter valued at $466,000. Finally, IMC Chicago LLC grew its stake in shares of Direxion Daily MSFT Bear 1X ETF by 28.5% in the 1st quarter. IMC Chicago LLC now owns 113,506 shares of the company’s stock worth $1,673,000 after purchasing an additional 25,146 shares during the last quarter.

Direxion Daily MSFT Bear 1X ETF Company Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.