Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) Announces $0.11 Quarterly Dividend

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Tuesday, September 24th will be paid a dividend of 0.1097 per share on Tuesday, October 1st. This represents a $0.44 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Tuesday, September 24th.

Direxion Daily MSFT Bear 1X Shares Price Performance

Direxion Daily MSFT Bear 1X Shares stock traded up $0.03 during trading on Tuesday, reaching $13.55. The company had a trading volume of 70,121 shares, compared to its average volume of 93,313. Direxion Daily MSFT Bear 1X Shares has a 12-month low of $12.43 and a 12-month high of $18.93. The stock’s 50 day moving average price is $13.90 and its two-hundred day moving average price is $13.83.

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.