Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report)’s stock price traded down 6.2% on Thursday . The company traded as low as $19.88 and last traded at $20.05. Approximately 5,436,951 shares changed hands during trading, a decline of 3% from the average daily volume of 5,606,314 shares. The stock had previously closed at $21.38.
Direxion Daily MSFT Bull 2X Shares Stock Down 5.8%
The company has a market cap of $597.86 million, a PE ratio of 42.77 and a beta of 1.91. The stock’s 50 day moving average is $27.96 and its 200-day moving average is $30.83.
Direxion Daily MSFT Bull 2X Shares Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.1438 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Hedge Funds Weigh In On Direxion Daily MSFT Bull 2X Shares
About Direxion Daily MSFT Bull 2X Shares
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.
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