Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Trading 16.6% Higher – What’s Next?

Posted by Joseph Casey on Jul 23rd, 2026

Shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) traded up 16.6% on Tuesday . The stock traded as high as $34.20 and last traded at $33.00. 11,961,557 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 53,678,066 shares. The stock had previously closed at $28.31.

Direxion Daily MU Bull 2X Shares Stock Down 2.4%

The stock has a fifty day moving average price of $39.26 and a 200-day moving average price of $20.61.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a $0.1024 dividend. This represents a $0.41 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, June 23rd.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

Large investors have recently bought and sold shares of the company. UBS Group AG purchased a new stake in shares of Direxion Daily MU Bull 2X Shares in the fourth quarter valued at about $10,100,000. Goldman Sachs Group Inc. purchased a new position in Direxion Daily MU Bull 2X Shares during the first quarter worth about $716,000. Citadel Advisors LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the third quarter valued at about $840,000. Optiver Holding B.V. acquired a new stake in Direxion Daily MU Bull 2X Shares in the first quarter valued at about $1,533,000. Finally, Client First Investment Management LLC purchased a new stake in Direxion Daily MU Bull 2X Shares in the 4th quarter valued at approximately $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.