Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) Announces Quarterly Dividend of $0.08

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) declared a quarterly dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.082 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Direxion Daily MSFT Bear 1X Shares Stock Performance

Shares of MSFD stock traded down $0.14 during mid-day trading on Tuesday, reaching $11.43. 59,869 shares of the company’s stock traded hands, compared to its average volume of 201,183. The company’s 50-day moving average price is $11.23 and its 200-day moving average price is $11.15. Direxion Daily MSFT Bear 1X Shares has a 12 month low of $10.06 and a 12 month high of $16.53.

About Direxion Daily MSFT Bear 1X Shares

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.