Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 66,300 shares, a growth of 69.6% from the February 13th total of 39,100 shares. Based on an average trading volume of 81,000 shares, the short-interest ratio is currently 0.8 days. Currently, 20.7% of the shares of the company are sold short.
Direxion Daily MSFT Bear 1X Shares Price Performance
Shares of NASDAQ MSFD opened at $14.81 on Friday. The firm’s 50-day moving average price is $14.01 and its two-hundred day moving average price is $13.83. Direxion Daily MSFT Bear 1X Shares has a 52-week low of $12.43 and a 52-week high of $15.25.
Direxion Daily MSFT Bear 1X Shares Announces Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.1495 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On Direxion Daily MSFT Bear 1X Shares
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.
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