Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Up – Should You Buy?

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $740.00, but opened at $837.97. Direxion Daily MU Bull 2X Shares shares last traded at $807.87, with a volume of 2,356,436 shares.

Direxion Daily MU Bull 2X Shares Stock Performance

The business’s 50-day moving average is $324.61 and its two-hundred day moving average is $203.35.

Get Direxion Daily MU Bull 2X Shares alerts:

Direxion Daily MU Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a dividend of $0.6767 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38.

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

A number of institutional investors have recently modified their holdings of MUU. UBS Group AG bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter valued at about $10,100,000. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter valued at about $716,000. Optiver Holding B.V. grew its position in shares of Direxion Daily MU Bull 2X Shares by 166.8% during the 3rd quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock valued at $1,528,000 after buying an additional 23,032 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 3rd quarter valued at about $840,000. Finally, Client First Investment Management LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter valued at about $883,000.

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.

See Also

• Five stocks we like better than Direxion Daily MU Bull 2X Shares
• Meta’s Manus Mess: Why China Blocked the Deal and What It Means
• China Deal Ignites Boeing’s Financial Afterburners
• 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
• Snowflake and the Snowballing Impact of its AI Flywheel

Receive News & Ratings for Direxion Daily MU 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 MU Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.