Direxion Daily MSFT Bear 1X ETF (NASDAQ:MSFD) Declares $0.08 Quarterly Dividend

Direxion Daily MSFT Bear 1X ETF (NASDAQ:MSFD) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.0752 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily MSFT Bear 1X ETF Price Performance

NASDAQ:MSFD remained flat at $10.27 during trading hours on Tuesday. 871,118 shares of the company traded hands, compared to its average volume of 1,540,615. The stock’s fifty day moving average price is $11.18 and its 200-day moving average price is $12.77. Direxion Daily MSFT Bear 1X ETF has a 1 year low of $9.94 and a 1 year high of $15.33.

Direxion Daily MSFT Bear 1X ETF Company Profile

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.