Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Stock Price Down 12.8% – What’s Next?

Posted by George Bondi on Jun 5th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report)’s stock price were down 12.8% on Friday . The stock traded as low as $768.00 and last traded at $786.35. Approximately 1,112,330 shares changed hands during trading, a decline of 57% from the average daily volume of 2,558,384 shares. The stock had previously closed at $901.56.

Direxion Daily MU Bull 2X Shares Trading Down 18.4%

The firm’s 50 day moving average is $400.73 and its 200 day moving average is $234.18.

Direxion Daily MU Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a dividend of $0.6767 per share. This is a boost from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. The ex-dividend date was Tuesday, March 24th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.4%.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock valued at $128,000 after purchasing an additional 631 shares during the period. Vestor Capital LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares in the first quarter worth approximately $315,000. Tower Research Capital LLC TRC raised its holdings in shares of Direxion Daily MU Bull 2X Shares by 95.1% during the second 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 period. PFG Investments LLC acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the first quarter valued at approximately $482,000. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at approximately $658,000.

Direxion Daily MU Bull 2X Shares Company Profile

(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.