Direxion Daily MU Bull 2X ETF Sees Unusually Large Options Volume (NASDAQ:MUU)

Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report) saw unusually large options trading activity on Wednesday. Traders acquired 32,163 call options on the company. This represents an increase of approximately 29% compared to the average volume of 25,021 call options.

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

Several large investors have recently bought and sold shares of the stock. Corient Private Wealth LP purchased a new position in shares of Direxion Daily MU Bull 2X ETF in the 2nd quarter worth approximately $523,000. Gen Wealth Partners Inc bought a new stake in shares of Direxion Daily MU Bull 2X ETF in the third quarter valued at $37,000. Parallel Advisors LLC raised its stake in shares of Direxion Daily MU Bull 2X ETF by 7,354.5% in the third quarter. Parallel Advisors LLC now owns 1,640 shares of the company’s stock valued at $60,000 after buying an additional 1,618 shares during the period. Vestor Capital LLC purchased a new position in shares of Direxion Daily MU Bull 2X ETF during the 3rd quarter valued at $73,000. Finally, Diversify Wealth Management LLC purchased a new position in shares of Direxion Daily MU Bull 2X ETF during the 1st quarter valued at $658,000.

Direxion Daily MU Bull 2X ETF Stock Performance

Shares of Direxion Daily MU Bull 2X ETF stock traded up $3.88 on Wednesday, hitting $18.98. The company had a trading volume of 31,436,118 shares, compared to its average volume of 45,682,840. Direxion Daily MU Bull 2X ETF has a 1 year low of $2.52 and a 1 year high of $62.64. The stock has a 50 day moving average of $29.43 and a 200-day moving average of $24.78.

About Direxion Daily MU Bull 2X ETF

(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.

See Also

Receive News & Ratings for Direxion Daily MU Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MU Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.