Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) to Issue $0.22 Quarterly Dividend

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.2233 per share on Tuesday, April 1st. This represents a $0.89 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily MU Bear 1X Shares Price Performance

Direxion Daily MU Bear 1X Shares stock traded up $0.42 during mid-day trading on Tuesday, reaching $23.35. The company had a trading volume of 9,851 shares, compared to its average volume of 11,129. The company has a fifty day moving average of $23.77. Direxion Daily MU Bear 1X Shares has a fifty-two week low of $21.21 and a fifty-two week high of $28.63.

About Direxion Daily MU Bear 1X Shares

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.