Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Shares Up 4.4%

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) rose 4.4% on Friday . The stock traded as high as $42.13 and last traded at $42.07. Approximately 270,481 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 228,794 shares. The stock had previously closed at $40.28.

Direxion Daily MSFT Bull 2X Shares Stock Up 4.4 %

The firm has a fifty day moving average of $44.44 and a 200-day moving average of $41.61. The stock has a market capitalization of $77.83 million, a price-to-earnings ratio of 42.31 and a beta of -2.33.

Direxion Daily MSFT Bull 2X Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were given a $0.3053 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $1.22 annualized dividend and a dividend yield of 2.90%.

Institutional Trading of Direxion Daily MSFT Bull 2X Shares

An institutional investor recently raised its position in Direxion Daily MSFT Bull 2X Shares stock. TRUE Private Wealth Advisors raised its stake in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,477 shares of the company’s stock after buying an additional 495 shares during the quarter. TRUE Private Wealth Advisors owned about 2.26% of Direxion Daily MSFT Bull 2X Shares worth $1,762,000 at the end of the most recent reporting period.

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.