Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) saw a large growth in short interest in 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. Approximately 20.7% of the shares of the stock are sold short. Based on an average daily volume of 81,000 shares, the days-to-cover ratio is presently 0.8 days.
Direxion Daily MSFT Bear 1X Shares Stock Down 2.6 %
NASDAQ MSFD opened at $14.81 on Friday. The stock has a 50-day moving average of $14.01 and a 200 day moving average of $13.83. Direxion Daily MSFT Bear 1X Shares has a twelve month low of $12.43 and a twelve month 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. Stockholders of record on Monday, December 23rd were paid a dividend of $0.1495 per share. 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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