Direxion Daily MU Bear 1X ETF (NASDAQ:MUD – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 585,195 shares, an increase of 281.5% from the September 30th total of 153,380 shares. Based on an average daily trading volume, of 7,505,196 shares, the short-interest ratio is presently 0.1 days. Approximately 15.1% of the shares of the company are short sold.
Direxion Daily MU Bear 1X ETF Trading Down 5.8%
NASDAQ:MUD traded down $0.59 during midday trading on Wednesday, reaching $9.67. 12,436,245 shares of the company traded hands, compared to its average volume of 7,458,121. The company has a fifty day moving average price of $10.04 and a 200 day moving average price of $22.01. Direxion Daily MU Bear 1X ETF has a twelve month low of $8.73 and a twelve month high of $90.06.
Direxion Daily MU Bear 1X ETF Company Profile
The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.
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