Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) to Issue Dividend of $0.18

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) announced a dividend on Monday, June 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, June 23rd will be given a dividend of 0.1783 per share on Tuesday, June 30th. The ex-dividend date is Tuesday, June 23rd.

Direxion Daily MSFT Bear 1X Shares Trading Up 3.2%

Shares of NASDAQ:MSFD opened at $14.67 on Tuesday. The business’s fifty day moving average price is $13.19 and its two-hundred day moving average price is $13.04. Direxion Daily MSFT Bear 1X Shares has a one year low of $10.06 and a one year high of $15.33.

Institutional Trading of Direxion Daily MSFT Bear 1X Shares

A number of large investors have recently made changes to their positions in the stock. PayPay Securities Corp boosted its stake in shares of Direxion Daily MSFT Bear 1X Shares by 88.1% during the fourth quarter. PayPay Securities Corp now owns 3,500 shares of the company’s stock valued at $40,000 after acquiring an additional 1,639 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in Direxion Daily MSFT Bear 1X Shares in the 1st quarter valued at about $53,000. Flow Traders U.S. LLC acquired a new position in Direxion Daily MSFT Bear 1X Shares in the 2nd quarter valued at about $117,000. Hamilton Wealth LLC purchased a new position in Direxion Daily MSFT Bear 1X Shares in the 4th quarter valued at about $138,000. Finally, Virtu Financial LLC purchased a new position in Direxion Daily MSFT Bear 1X Shares in the 3rd quarter valued at about $292,000.

Direxion Daily MSFT Bear 1X Shares Company Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.