Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 66,300 shares, a growth of 69.6% from the February 13th total of 39,100 shares. Currently, 20.7% of the company’s shares are short sold. Based on an average daily trading volume, of 81,000 shares, the short-interest ratio is presently 0.8 days.
Direxion Daily MSFT Bear 1X Shares Stock Down 2.6 %
Direxion Daily MSFT Bear 1X Shares stock traded down $0.39 during trading on Friday, hitting $14.81. The company had a trading volume of 89,303 shares, compared to its average volume of 95,363. Direxion Daily MSFT Bear 1X Shares has a 1-year low of $12.43 and a 1-year high of $15.25. The company’s 50 day simple moving average is $14.01 and its 200-day simple moving average is $13.83.
Direxion Daily MSFT Bear 1X Shares Announces Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.1495 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On Direxion Daily MSFT Bear 1X Shares
About Direxion Daily MSFT Bear 1X Shares
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.
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