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

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.106 per share on Tuesday, April 1st. This represents a $0.42 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily MSFT Bear 1X Shares Stock Down 1.3 %

Shares of MSFD traded down $0.19 during midday trading on Tuesday, reaching $14.47. The stock had a trading volume of 24,993 shares, compared to its average volume of 95,163. The firm’s 50 day moving average price is $14.15 and its 200-day moving average price is $13.85. Direxion Daily MSFT Bear 1X Shares has a 52 week low of $12.43 and a 52 week high of $15.25.

About Direxion Daily MSFT Bear 1X Shares

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.