Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Up – Time to Buy?

Posted by Anthony Miller on Jul 6th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $745.21, but opened at $792.97. Direxion Daily MU Bull 2X Shares shares last traded at $794.08, with a volume of 681,723 shares traded.

Direxion Daily MU Bull 2X Shares Trading Up 6.7%

The business’s 50-day moving average price is $713.49 and its 200-day moving average price is $358.92.

Direxion Daily MU Bull 2X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a dividend of $2.047 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $8.19 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Trading of Direxion Daily MU Bull 2X Shares

A number of hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its holdings in shares of Direxion Daily MU Bull 2X Shares by 95.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock valued at $64,000 after purchasing an additional 1,289 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of Direxion Daily MU Bull 2X Shares by 98.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after purchasing an additional 631 shares during the period. Vestor Capital LLC purchased a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $315,000. PFG Investments LLC purchased a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $482,000. Finally, Diversify Wealth Management LLC acquired a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $658,000.

Direxion Daily MU Bull 2X Shares Company Profile

(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.