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

Posted by Caroline Horne on Apr 8th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $148.82, but opened at $178.35. Direxion Daily MU Bull 2X Shares shares last traded at $170.17, with a volume of 1,905,026 shares.

Direxion Daily MU Bull 2X Shares Trading Up 14.6%

The stock’s 50-day simple moving average is $181.58 and its two-hundred day simple moving average is $119.91.

Direxion Daily MU Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given 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. This represents a $2.71 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

A number of large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC raised its position 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 buying an additional 1,289 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock valued at $128,000 after buying an additional 631 shares during the last quarter. Csenge Advisory Group acquired a new stake in shares of Direxion Daily MU Bull 2X Shares in the fourth quarter valued at about $677,000. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily MU Bull 2X Shares in the first quarter valued at about $716,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Direxion Daily MU Bull 2X Shares in the third quarter valued at about $840,000.

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.