Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Down 7.6% – Here’s What Happened

Posted by Stanley Muller on May 19th, 2026

Shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) fell 7.6% on Tuesday . The company traded as low as $404.89 and last traded at $409.00. 1,196,058 shares were traded during trading, a decline of 52% from the average session volume of 2,468,017 shares. The stock had previously closed at $442.77.

Direxion Daily MU Bull 2X Shares Stock Performance

The firm has a 50 day moving average price of $256.71 and a 200-day moving average price of $172.98.

Direxion Daily MU Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were paid a $0.6767 dividend. This is a boost from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $2.71 annualized dividend and a dividend yield of 0.5%.

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

A number of institutional investors and hedge funds have recently modified their holdings of MUU. SBI Securities Co. Ltd. boosted its stake in Direxion Daily MU Bull 2X Shares by 98.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock valued at $128,000 after acquiring an additional 631 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Direxion Daily MU Bull 2X Shares by 95.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock valued at $64,000 after acquiring an additional 1,289 shares during the last quarter. PFG Investments LLC acquired a new position in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $482,000. Diversify Wealth Management LLC acquired a new position in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $658,000. Finally, Spartan Wealth Advisory Services LLC bought a new position in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter worth $808,000.

About Direxion Daily MU Bull 2X Shares

(Get Free Report)

The Direxion Daily MU Bull 2X Shares (MUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.