Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Plans $0.27 Quarterly Dividend

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.2725 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, March 24th.

Direxion Daily MU Bear 1X Shares Stock Performance

NASDAQ:MUD traded up $0.50 during trading hours on Tuesday, reaching $37.94. 612,751 shares of the company were exchanged, compared to its average volume of 1,924,504. Direxion Daily MU Bear 1X Shares has a twelve month low of $32.25 and a twelve month high of $338.30. The stock’s 50-day moving average is $39.09 and its 200-day moving average is $68.14.

About Direxion Daily MU Bear 1X Shares

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.