T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) Announces $1.46 Annual Dividend

T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) declared an annual dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 1.4609 per share on Friday, December 26th. This represents a dividend yield of 526.0%. The ex-dividend date is Wednesday, December 24th.

T-Rex 2X Long Microsoft Daily Target ETF Stock Performance

T-Rex 2X Long Microsoft Daily Target ETF stock traded down $1.99 during trading hours on Wednesday, reaching $27.90. 999,677 shares of the company’s stock traded hands, compared to its average volume of 34,223. T-Rex 2X Long Microsoft Daily Target ETF has a fifty-two week low of $16.71 and a fifty-two week high of $35.30. The firm’s 50 day moving average is $31.87 and its 200-day moving average is $33.22.

Institutional Inflows and Outflows

An institutional investor recently raised its position in T-Rex 2X Long Microsoft Daily Target ETF stock. Optiver Holding B.V. grew its position in shares of T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) by 59.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,027 shares of the company’s stock after purchasing an additional 4,838 shares during the quarter. Optiver Holding B.V. owned approximately 4.82% of T-Rex 2X Long Microsoft Daily Target ETF worth $455,000 as of its most recent SEC filing.

About T-Rex 2X Long Microsoft Daily Target ETF

The T-Rex 2X Long Microsoft Daily Target ETF (MSFX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Microsoft Corp. stock, less fees, and expenses. MSFX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.