Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Trading Down 6.2% – What’s Next?

Posted by Caroline Horne on Mar 10th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) shares dropped 6.2% during mid-day trading on Tuesday . The company traded as low as $36.94 and last traded at $37.00. Approximately 217,567 shares traded hands during trading, a decline of 90% from the average daily volume of 2,109,988 shares. The stock had previously closed at $39.43.

Direxion Daily MU Bear 1X Shares Stock Performance

The business has a 50-day moving average price of $4.24 and a 200 day moving average price of $7.68.

Direxion Daily MU Bear 1X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.0381 per share. This represents a $0.15 annualized dividend and a yield of 0.4%. The ex-dividend date was Tuesday, December 23rd.

Institutional Investors Weigh In On Direxion Daily MU Bear 1X Shares

Large investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in Direxion Daily MU Bear 1X Shares during the fourth quarter valued at $133,000. Susquehanna International Group LLP raised its holdings in Direxion Daily MU Bear 1X Shares by 40.5% in the 3rd quarter. Susquehanna International Group LLP now owns 20,616 shares of the company’s stock worth $228,000 after acquiring an additional 5,941 shares during the last quarter. Finally, Optiver Holding B.V. raised its stake in shares of Direxion Daily MU Bear 1X Shares by 72.7% in the third quarter. Optiver Holding B.V. now owns 29,172 shares of the company’s stock worth $322,000 after purchasing an additional 12,277 shares during the last quarter.

About Direxion Daily MU Bear 1X Shares

(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.