Shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report) rose 6.4% during mid-day trading on Wednesday . The company traded as high as $24.99 and last traded at $24.93. 5,943,868 shares changed hands during trading, a decline of 0% from the average daily volume of 5,945,550 shares. The stock had previously closed at $23.43.
Direxion Daily MSFT Bull 2X Shares Stock Performance
The firm has a fifty day moving average price of $26.12 and a 200 day moving average price of $28.69. The firm has a market capitalization of $974.98 million, a price-to-earnings ratio of 42.77 and a beta of 2.03.
Direxion Daily MSFT Bull 2X Shares Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.1438 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.58 annualized dividend and a yield of 2.3%.
Institutional Investors 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.
Recommended Stories
- Five stocks we like better than Direxion Daily MSFT Bull 2X Shares
- Has Broadcom Become Too Expensive for Its AI Story?
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
Receive News & Ratings for Direxion Daily MSFT Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSFT Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
