Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Trading 6.4% Higher – Here’s What Happened

Posted by Caroline Horne on Aug 13th, 2026

Shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) shot up 6.4% on Thursday . The stock traded as high as $30.45 and last traded at $30.35. 13,976,125 shares traded hands during trading, a decline of 74% from the average session volume of 53,291,527 shares. The stock had previously closed at $28.53.

Direxion Daily MU Bull 2X Shares Price Performance

The company’s 50-day moving average is $37.03 and its 200-day moving average is $22.69.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.1024 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, June 23rd.

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

A number of institutional investors have recently added to or reduced their stakes in MUU. UBS Group AG acquired a new stake in Direxion Daily MU Bull 2X Shares during the fourth quarter worth about $10,100,000. Goldman Sachs Group Inc. acquired a new position in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at about $716,000. Citadel Advisors LLC purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 3rd quarter worth about $840,000. Optiver Holding B.V. purchased a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter worth about $1,533,000. Finally, Client First Investment Management LLC acquired a new stake in Direxion Daily MU Bull 2X Shares during the 4th quarter worth approximately $883,000.

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.