Shares of Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) were up 1.6% during trading on Tuesday . The stock traded as high as $13.98 and last traded at $13.77. 917,793 shares were traded during trading, a decline of 40% from the average session volume of 1,526,306 shares. The stock had previously closed at $13.55.
Direxion Daily MSFT Bear 1X Shares Price Performance
The company’s 50 day simple moving average is $13.44 and its two-hundred day simple moving average is $13.32.
Direxion Daily MSFT Bear 1X Shares Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a dividend of $0.1783 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.71 dividend on an annualized basis and a yield of 5.4%.
Institutional Inflows and Outflows
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.
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