Direxion Daily MU Bear 1X ETF (NASDAQ:MUD – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 585,195 shares, an increase of 281.5% from the September 30th total of 153,380 shares. Currently, 15.1% of the company’s shares are sold short. Based on an average daily volume of 7,505,196 shares, the days-to-cover ratio is presently 0.1 days.
Direxion Daily MU Bear 1X ETF Price Performance
Shares of MUD stock traded up $0.40 during mid-day trading on Friday, reaching $10.54. The stock had a trading volume of 2,873,530 shares, compared to its average volume of 7,430,347. Direxion Daily MU Bear 1X ETF has a 52-week low of $8.73 and a 52-week high of $90.06. The stock’s 50-day moving average price is $10.01 and its two-hundred day moving average price is $21.62.
Direxion Daily MU Bear 1X ETF Company Profile
The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.
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