Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Down – Should You Sell?

Posted by Kim Johansen on Jul 1st, 2026

Shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $1,048.73, but opened at $929.00. Direxion Daily MU Bull 2X Shares shares last traded at $955.22, with a volume of 904,217 shares changing hands.

Direxion Daily MU Bull 2X Shares Stock Down 14.2%

The company has a 50 day moving average price of $679.79 and a 200-day moving average price of $344.06.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $2.047 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $8.19 annualized dividend and a yield of 0.9%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MUU. UBS Group AG bought a new position in shares of Direxion Daily MU Bull 2X Shares in the fourth quarter worth about $10,100,000. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter valued at approximately $716,000. Citadel Advisors LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares during the 3rd quarter valued at approximately $840,000. Optiver Holding B.V. acquired a new position in Direxion Daily MU Bull 2X Shares during the 1st quarter worth approximately $1,533,000. Finally, Client First Investment Management LLC acquired a new position 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.