Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Short Interest Down 45.9% in July

Posted by James Quigley on Jul 30th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 173,884 shares, a decline of 45.9% from the June 30th total of 321,224 shares. Based on an average daily volume of 15,369,427 shares, the short-interest ratio is presently 0.0 days. Approximately 2.7% of the company’s stock are sold short.

Direxion Daily MU Bear 1X Shares Stock Performance

Shares of MUD traded down $2.29 during trading hours on Thursday, hitting $12.01. The stock had a trading volume of 12,441,521 shares, compared to its average volume of 7,490,895. Direxion Daily MU Bear 1X Shares has a 1-year low of $8.90 and a 1-year high of $184.60. The firm has a 50 day simple moving average of $12.24 and a 200-day simple moving average of $27.21.

Direxion Daily MU Bear 1X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.0505 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, June 23rd.

Hedge Funds Weigh In On Direxion Daily MU Bear 1X Shares

A hedge fund recently raised its stake in Direxion Daily MU Bear 1X Shares stock. Susquehanna International Group LLP grew its position in shares of Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Free Report) by 40.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,616 shares of the company’s stock after purchasing an additional 5,941 shares during the period. Susquehanna International Group LLP owned about 0.59% of Direxion Daily MU Bear 1X Shares worth $228,000 at the end of the most recent reporting period.

Direxion Daily MU Bear 1X Shares Company Profile

(Get Free Report)

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.