Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Short Interest Update

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 289,636 shares, a decline of 48.8% from the May 31st total of 566,004 shares. Approximately 5.6% of the company’s shares are short sold. Based on an average trading volume of 3,604,187 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

A number of institutional investors and hedge funds have recently made changes to their positions in MUU. UBS Group AG acquired a new stake in shares of Direxion Daily MU Bull 2X Shares in the 4th quarter valued at about $10,100,000. Goldman Sachs Group Inc. acquired a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter worth approximately $716,000. Citadel Advisors LLC bought a new position in shares of Direxion Daily MU Bull 2X Shares in the 3rd quarter worth $840,000. Optiver Holding B.V. acquired a new stake in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $1,533,000. Finally, Client First Investment Management LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the 4th quarter valued at $883,000.

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Direxion Daily MU Bull 2X Shares Trading Down 1.3%

Direxion Daily MU Bull 2X Shares stock opened at $1,035.00 on Tuesday. Direxion Daily MU Bull 2X Shares has a 12-month low of $16.73 and a 12-month high of $1,252.80. The firm’s fifty day moving average is $663.07 and its 200 day moving average is $337.30.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $2.047 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $8.19 annualized dividend and a dividend yield of 0.8%.

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.

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