Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Short Interest Update

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 366,700 shares, a decrease of 59.1% from the January 31st total of 895,800 shares. Based on an average daily volume of 659,000 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily MSFT Bull 2X Shares in the 3rd quarter worth about $1,191,000. PayPay Securities Corp bought a new stake in Direxion Daily MSFT Bull 2X Shares during the fourth quarter worth about $31,000. Optiver Holding B.V. increased its holdings in shares of Direxion Daily MSFT Bull 2X Shares by 2,298.0% during the fourth quarter. Optiver Holding B.V. now owns 33,093 shares of the company’s stock worth $1,307,000 after buying an additional 31,713 shares in the last quarter. TRUE Private Wealth Advisors raised its stake in shares of Direxion Daily MSFT Bull 2X Shares by 7.5% in the fourth quarter. TRUE Private Wealth Advisors now owns 40,255 shares of the company’s stock valued at $1,589,000 after acquiring an additional 2,793 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares in the 4th quarter worth approximately $267,000.

Direxion Daily MSFT Bull 2X Shares Stock Up 2.1 %

MSFU traded up $0.70 during midday trading on Friday, reaching $34.14. 683,294 shares of the company’s stock were exchanged, compared to its average volume of 864,000. Direxion Daily MSFT Bull 2X Shares has a one year low of $32.42 and a one year high of $54.39. The firm has a market capitalization of $112.66 million, a price-to-earnings ratio of 33.20 and a beta of -2.33. The business has a 50-day simple moving average of $38.93 and a two-hundred day simple moving average of $41.34.

Direxion Daily MSFT Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.4026 dividend. The ex-dividend date was Monday, December 23rd.

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.