Direxion Daily MU Bear 1X ETF (NASDAQ:MUD – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 150,239 shares, a drop of 74.3% from the October 15th total of 585,195 shares. Currently, 4.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,537,608 shares, the days-to-cover ratio is presently 0.0 days.
Direxion Daily MU Bear 1X ETF Stock Up 3.5%
Shares of Direxion Daily MU Bear 1X ETF stock traded up $0.40 during trading on Friday, reaching $11.57. The company’s stock had a trading volume of 2,970,072 shares, compared to its average volume of 7,434,932. Direxion Daily MU Bear 1X ETF has a 12-month low of $8.73 and a 12-month high of $90.06. The business has a 50 day moving average price of $10.26 and a 200-day moving average price of $19.99.
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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