Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) Short Interest Update

Direxion Daily MU Bear 1X ETF (NASDAQ:MUD) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 449,654 shares, a decrease of 50.4% from the August 15th total of 907,071 shares. Based on an average trading volume of 5,646,638 shares, the days-to-cover ratio is currently 0.1 days. Currently, 10.7% of the shares of the company are short sold.

Direxion Daily MU Bear 1X ETF Trading Up 0.1%

NASDAQ:MUD traded up $0.01 on Wednesday, hitting $10.70. The stock had a trading volume of 3,109,508 shares, compared to its average volume of 7,556,900. The business’s 50-day simple moving average is $11.15 and its two-hundred day simple moving average is $19.88. Direxion Daily MU Bear 1X ETF has a 52-week low of $8.90 and a 52-week high of $120.40.

Direxion Daily MU Bear 1X ETF Company Profile

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.