PayPay Securities Corp Makes New $31,000 Investment in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU)

PayPay Securities Corp bought a new stake in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 790 shares of the company’s stock, valued at approximately $31,000. Direxion Daily MSFT Bull 2X Shares makes up approximately 1.3% of PayPay Securities Corp’s investment portfolio, making the stock its 24th largest position.

Separately, Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily MSFT Bull 2X Shares in the third quarter worth $1,191,000.

Direxion Daily MSFT Bull 2X Shares Price Performance

NASDAQ MSFU opened at $36.64 on Friday. The company has a market capitalization of $120.91 million, a price-to-earnings ratio of 43.52 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a 12 month low of $35.55 and a 12 month high of $54.39. The company’s fifty day moving average price is $41.22 and its two-hundred day moving average price is $41.79.

Direxion Daily MSFT Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.4026 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion Daily MSFT Bull 2X Shares Profile

The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.