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

Posted by Jeff Wilder on Jun 4th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $1,065.00, but opened at $920.66. Direxion Daily MU Bull 2X Shares shares last traded at $906.15, with a volume of 1,405,858 shares trading hands.

Direxion Daily MU Bull 2X Shares Trading Down 14.4%

The firm’s fifty day moving average price is $386.08 and its 200-day moving average price is $228.42.

Direxion Daily MU Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.6767 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.3%. This is a positive change from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Investors Weigh In On Direxion Daily MU Bull 2X Shares

Several institutional investors have recently bought and sold shares of the stock. UBS Group AG acquired a new stake in Direxion Daily MU Bull 2X Shares in the fourth quarter worth about $10,100,000. Goldman Sachs Group Inc. acquired a new stake in Direxion Daily MU Bull 2X Shares in the first quarter worth about $716,000. Optiver Holding B.V. lifted its holdings in Direxion Daily MU Bull 2X Shares by 166.8% in the third quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock worth $1,528,000 after purchasing an additional 23,032 shares during the period. Citadel Advisors LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the third quarter worth about $840,000. Finally, Client First Investment Management LLC acquired a new stake in Direxion Daily MU Bull 2X Shares in the fourth quarter worth about $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.