PayPay Securities Corp Invests $64,000 in Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD)

PayPay Securities Corp acquired a new stake in Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 4,662 shares of the company’s stock, valued at approximately $64,000. Direxion Daily MSFT Bear 1X Shares accounts for about 2.8% of PayPay Securities Corp’s holdings, making the stock its 11th biggest holding.

Separately, Jane Street Group LLC acquired a new stake in Direxion Daily MSFT Bear 1X Shares in the 3rd quarter worth approximately $179,000.

Direxion Daily MSFT Bear 1X Shares Trading Down 0.4 %

Shares of MSFD stock opened at $14.05 on Friday. Direxion Daily MSFT Bear 1X Shares has a 12 month low of $12.43 and a 12 month high of $15.10. The business’s 50 day moving average is $13.48 and its two-hundred day moving average is $13.77.

Direxion Daily MSFT Bear 1X Shares Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.1495 dividend. The ex-dividend date was Monday, December 23rd.

Direxion Daily MSFT Bear 1X Shares Company Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.