Direxion Daily MU Bear 1X ETF (NASDAQ:MUD – Get Free Report) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 150,239 shares, a drop of 74.3% from the October 15th total of 585,195 shares. Currently, 4.6% of the shares of the company are short sold. Based on an average daily volume of 6,537,608 shares, the days-to-cover ratio is presently 0.0 days.
Direxion Daily MU Bear 1X ETF Trading Down 12.0%
MUD opened at $10.99 on Thursday. Direxion Daily MU Bear 1X ETF has a one year low of $8.73 and a one year high of $90.06. The business’s 50-day simple moving average is $10.25 and its 200-day simple moving average is $20.14.
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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