Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Trading 3% Higher – Here’s What Happened

Posted by Don Miller on Feb 28th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report)’s share price shot up 3% during trading on Thursday . The company traded as high as $3.86 and last traded at $3.74. 34,426,624 shares changed hands during trading, an increase of 84% from the average session volume of 18,749,322 shares. The stock had previously closed at $3.63.

Direxion Daily MU Bear 1X Shares Price Performance

The stock has a 50-day moving average of $4.47 and a 200 day moving average of $8.28.

Direxion Daily MU Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were issued a $0.0381 dividend. This represents a $0.15 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MUD. Susquehanna International Group LLP grew its position in Direxion Daily MU Bear 1X Shares by 40.5% during the 3rd quarter. Susquehanna International Group LLP now owns 20,616 shares of the company’s stock worth $228,000 after purchasing an additional 5,941 shares during the period. Optiver Holding B.V. lifted its holdings in shares of Direxion Daily MU Bear 1X Shares by 72.7% in the 3rd quarter. Optiver Holding B.V. now owns 29,172 shares of the company’s stock valued at $322,000 after buying an additional 12,277 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Direxion Daily MU Bear 1X Shares in the fourth quarter worth about $133,000.

About Direxion Daily MU Bear 1X Shares

(Get Free Report)

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.