Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) Increases Dividend to $0.15 Per Share

Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.1482 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 193.2% increase from Direxion Daily MU Bear 1X ETF’s previous quarterly dividend of $0.05.

Direxion Daily MU Bear 1X ETF Stock Performance

Shares of NASDAQ MUD traded down $0.62 during midday trading on Tuesday, hitting $8.84. 8,439,234 shares of the company’s stock were exchanged, compared to its average volume of 7,543,737. The stock’s 50 day moving average price is $11.05 and its 200-day moving average price is $19.27. Direxion Daily MU Bear 1X ETF has a twelve month low of $8.82 and a twelve month high of $119.50.

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.