Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Reaches New 1-Year High – What’s Next?

Posted by Anthony Miller on May 12th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $646.29 and last traded at $613.59, with a volume of 3721245 shares. The stock had previously closed at $542.72.

Direxion Daily MU Bull 2X Shares Stock Up 13.1%

The stock’s fifty day simple moving average is $220.36 and its 200-day simple moving average is $156.14.

Direxion Daily MU Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a dividend of $0.6767 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.4%. 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.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Spartan Wealth Advisory Services LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter worth $808,000. Diversify Wealth Management LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter worth $658,000. PFG Investments LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares during the first quarter worth $482,000. Client First Investment Management LLC purchased a new position in shares of Direxion Daily MU Bull 2X Shares during the fourth quarter worth $883,000. Finally, Csenge Advisory Group purchased a new position in shares of Direxion Daily MU Bull 2X Shares during the fourth quarter worth $677,000.

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.