Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) Plans Quarterly Dividend of $0.20

Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) announced a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.2028 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, September 22nd. This is a 98.1% increase from Direxion Daily MU Bull 2X ETF’s previous quarterly dividend of $0.10.

Direxion Daily MU Bull 2X ETF Stock Up 9.4%

Shares of Direxion Daily MU Bull 2X ETF stock traded up $3.36 on Tuesday, reaching $38.92. The company’s stock had a trading volume of 29,215,474 shares, compared to its average volume of 49,107,547. Direxion Daily MU Bull 2X ETF has a 52 week low of $1.77 and a 52 week high of $62.64. The firm’s fifty day simple moving average is $29.99 and its two-hundred day simple moving average is $26.94.

About Direxion Daily MU Bull 2X ETF

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.