Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Sees Large Decline in Short Interest

Posted by Doug Wharley on Aug 14th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 63,918 shares, a decrease of 63.2% from the July 15th total of 173,884 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 13,919,143 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Direxion Daily MU Bear 1X Shares

A hedge fund recently bought a new position in Direxion Daily MU Bear 1X Shares stock. Jane Street Group LLC acquired a new stake in shares of Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,739 shares of the company’s stock, valued at approximately $133,000. Jane Street Group LLC owned 0.13% of Direxion Daily MU Bear 1X Shares as of its most recent filing with the Securities & Exchange Commission.

Direxion Daily MU Bear 1X Shares Trading Down 1.7%

NASDAQ:MUD traded down $0.18 during mid-day trading on Friday, hitting $10.44. The company had a trading volume of 3,992,770 shares, compared to its average volume of 7,796,790. Direxion Daily MU Bear 1X Shares has a fifty-two week low of $8.90 and a fifty-two week high of $166.60. The business’s fifty day moving average is $11.63 and its two-hundred day moving average is $24.62.

Direxion Daily MU Bear 1X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.0505 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.9%.

About Direxion Daily MU Bear 1X Shares

(Get Free Report)

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.