Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Stock Price Down 10.4% – Here’s Why

Posted by Stacy Sanders on Aug 2nd, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) traded down 10.4% on Friday . The company traded as low as $23.99 and last traded at $24.16. Approximately 53,983,641 shares traded hands during trading, a decline of 0% from the average session volume of 54,058,527 shares. The stock had previously closed at $26.97.

Direxion Daily MU Bull 2X Shares Price Performance

The stock has a 50-day moving average price of $39.52 and a 200-day moving average price of $21.53.

Direxion Daily MU Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.1024 dividend. This represents a $0.41 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, June 23rd.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter worth about $10,100,000. Goldman Sachs Group Inc. acquired a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at about $716,000. Citadel Advisors LLC acquired a new position in Direxion Daily MU Bull 2X Shares in the 3rd quarter valued at about $840,000. Optiver Holding B.V. bought a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter valued at about $1,533,000. Finally, Client First Investment Management LLC bought a new position in Direxion Daily MU Bull 2X Shares in the 4th quarter valued at about $883,000.

Direxion Daily MU Bull 2X Shares Company Profile

(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.