Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Up – Here’s What Happened

Posted by Jeff Wilder on May 1st, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $257.27, but opened at $279.64. Direxion Daily MU Bull 2X Shares shares last traded at $274.61, with a volume of 529,933 shares trading hands.

Direxion Daily MU Bull 2X Shares Price Performance

The stock has a 50 day moving average price of $192.16 and a 200 day moving average price of $139.93.

Direxion Daily MU Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a $0.6767 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 1.0%. This is an increase from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38.

Institutional Trading of Direxion Daily MU Bull 2X Shares

Hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily MU Bull 2X Shares by 95.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock worth $64,000 after purchasing an additional 1,289 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after purchasing an additional 631 shares in the last quarter. PFG Investments LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter worth approximately $482,000. Csenge Advisory Group bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the 4th quarter worth approximately $677,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter worth approximately $716,000.

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.