Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Trading Up 16.6% – Here’s Why

Posted by Dante Gardener on May 6th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report)’s share price were up 16.6% during mid-day trading on Monday . The stock traded as high as $346.00 and last traded at $345.01. Approximately 879,588 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 2,400,243 shares. The stock had previously closed at $295.79.

Direxion Daily MU Bull 2X Shares Price Performance

The firm has a 50 day moving average of $200.95 and a 200-day moving average of $146.35.

Direxion Daily MU Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were paid a dividend of $0.6767 per share. This is a boost from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.6%.

Institutional Investors Weigh In On Direxion Daily MU Bull 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Diversify Wealth Management LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter worth about $658,000. PFG Investments LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter worth about $482,000. Client First Investment Management LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter worth about $883,000. Csenge Advisory Group purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter worth about $677,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of Direxion Daily MU Bull 2X Shares by 98.0% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after purchasing an additional 631 shares in the last quarter.

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.