Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Sees Significant Drop in Short Interest

Posted by Mitch Edgeman on Aug 15th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 63,918 shares, a drop of 63.2% from the July 15th total of 173,884 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 13,919,143 shares, the days-to-cover ratio is currently 0.0 days.

Direxion Daily MU Bear 1X Shares Stock Down 2.3%

Shares of NASDAQ:MUD traded down $0.24 during trading on Friday, hitting $10.38. 7,210,293 shares of the company’s stock were exchanged, compared to its average volume of 7,824,910. The firm has a 50-day moving average price of $11.55 and a two-hundred day moving average price of $24.52. Direxion Daily MU Bear 1X Shares has a 1-year low of $8.90 and a 1-year high of $166.60.

Direxion Daily MU Bear 1X Shares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.0505 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Direxion Daily MU Bear 1X Shares stock. Susquehanna International Group LLP increased its stake in shares of Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Free Report) by 40.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,616 shares of the company’s stock after purchasing an additional 5,941 shares during the period. Susquehanna International Group LLP owned approximately 0.59% of Direxion Daily MU Bear 1X Shares worth $228,000 as of its most recent SEC filing.

About Direxion Daily MU Bear 1X Shares

(Get Free Report)

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.