Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Short Interest Down 36.7% in September

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 194,400 shares, a decline of 36.7% from the August 31st total of 307,000 shares. Based on an average trading volume of 422,100 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 422,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Direxion Daily MSFT Bull 2X Shares

A number of institutional investors have recently bought and sold shares of the company. Simplex Trading LLC lifted its position in shares of Direxion Daily MSFT Bull 2X Shares by 133.0% in the first quarter. Simplex Trading LLC now owns 13,030 shares of the company’s stock valued at $388,000 after acquiring an additional 7,437 shares in the last quarter. SOA Wealth Advisors LLC. purchased a new stake in shares of Direxion Daily MSFT Bull 2X Shares during the second quarter valued at approximately $46,000. SBI Securities Co. Ltd. boosted its position in Direxion Daily MSFT Bull 2X Shares by 34.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 9,110 shares of the company’s stock valued at $272,000 after buying an additional 2,351 shares during the last quarter. Jane Street Group LLC raised its position in shares of Direxion Daily MSFT Bull 2X Shares by 31.9% in the 2nd quarter. Jane Street Group LLC now owns 41,129 shares of the company’s stock valued at $2,043,000 after purchasing an additional 9,945 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new stake in shares of Direxion Daily MSFT Bull 2X Shares in the 2nd quarter valued at about $634,000.

Direxion Daily MSFT Bull 2X Shares Price Performance

Shares of MSFU stock opened at $54.19 on Tuesday. The firm has a market capitalization of $198.88 million, a PE ratio of 42.77 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a 1-year low of $25.06 and a 1-year high of $61.16. The business’s fifty day moving average price is $51.85 and its 200 day moving average price is $44.73.

Direxion Daily MSFT Bull 2X Shares Company Profile

The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.