Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be given a dividend of 0.0805 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 24th.
Direxion Daily MSFT Bear 1X Shares Stock Performance
NASDAQ:MSFD traded up $0.31 on Tuesday, reaching $14.66. The stock had a trading volume of 1,053,314 shares, compared to its average volume of 1,099,615. The company has a 50-day moving average of $13.28 and a 200 day moving average of $11.93. Direxion Daily MSFT Bear 1X Shares has a 12-month low of $10.06 and a 12-month high of $16.53.
Institutional Investors Weigh In On Direxion Daily MSFT Bear 1X Shares
Institutional investors have recently made changes to their positions in the company. PayPay Securities Corp raised its stake in Direxion Daily MSFT Bear 1X Shares by 88.1% during the fourth quarter. PayPay Securities Corp now owns 3,500 shares of the company’s stock worth $40,000 after acquiring an additional 1,639 shares during the period. SBI Securities Co. Ltd. boosted its stake in Direxion Daily MSFT Bear 1X Shares by 323.0% in the third quarter. SBI Securities Co. Ltd. now owns 7,131 shares of the company’s stock valued at $77,000 after acquiring an additional 5,445 shares during the period. Flow Traders U.S. LLC acquired a new position in Direxion Daily MSFT Bear 1X Shares in the second quarter valued at approximately $117,000. Hamilton Wealth LLC bought a new position in shares of Direxion Daily MSFT Bear 1X Shares during the fourth quarter valued at approximately $138,000. Finally, Virtu Financial LLC bought a new position in shares of Direxion Daily MSFT Bear 1X Shares during the third quarter valued at approximately $292,000.
About Direxion Daily MSFT Bear 1X Shares
The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.
See Also
Receive News & Ratings for Direxion Daily MSFT Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSFT Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
