Stock Traders Purchase Large Volume of Call Options on Direxion Daily MU Bull 2X Shares (NASDAQ:MUU)

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) was the recipient of some unusual options trading on Monday. Stock traders acquired 5,385 call options on the stock. This is an increase of approximately 64% compared to the average volume of 3,281 call options.

Institutional Investors Weigh In On Direxion Daily MU Bull 2X Shares

Several large investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily MU Bull 2X Shares by 98.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after purchasing an additional 631 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Direxion Daily MU Bull 2X Shares by 95.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock valued at $64,000 after buying an additional 1,289 shares during the period. Vestor Capital LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $315,000. PFG Investments LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at $482,000. Finally, Diversify Wealth Management LLC acquired a new stake in Direxion Daily MU Bull 2X Shares during the 1st quarter worth $658,000.

Direxion Daily MU Bull 2X Shares Stock Performance

Direxion Daily MU Bull 2X Shares stock opened at $28.31 on Tuesday. The business has a 50-day moving average of $39.06 and a 200-day moving average of $20.19. Direxion Daily MU Bull 2X Shares has a 1 year low of $0.84 and a 1 year high of $62.64.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.1024 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.41 annualized dividend and a yield of 1.4%.

Direxion Daily MU Bull 2X Shares Company Profile

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.