Shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Get Free Report) traded up 7.4% on Thursday . The company traded as high as $30.26 and last traded at $30.09. 5,566,460 shares changed hands during trading, an increase of 10% from the average session volume of 5,067,271 shares. The stock had previously closed at $28.01.
Direxion Daily MSFT Bull 2X Shares Trading Up 6.5%
The stock has a fifty day moving average of $26.74 and a two-hundred day moving average of $33.55. The stock has a market capitalization of $885.65 million, a price-to-earnings ratio of 42.77 and a beta of 1.85.
Direxion Daily MSFT Bull 2X Shares Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a dividend of $0.1301 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 24th.
Institutional Investors Weigh In On Direxion Daily MSFT Bull 2X Shares
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.
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