Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Up – Still a Buy?

Posted by James Conley on Apr 8th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $148.82, but opened at $178.35. Direxion Daily MU Bull 2X Shares shares last traded at $170.17, with a volume of 1,905,026 shares trading hands.

Direxion Daily MU Bull 2X Shares Stock Up 14.6%

The firm’s 50 day moving average is $181.58 and its 200-day moving average is $119.91.

Direxion Daily MU Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were paid a $0.6767 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $2.71 annualized dividend and a dividend yield of 1.6%. This is an increase from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X Shares

Large investors have recently made changes to their positions in the company. Belvedere Trading LLC acquired a new position in shares of Direxion Daily MU Bull 2X Shares in the 3rd quarter valued at $844,000. Optiver Holding B.V. raised its position in Direxion Daily MU Bull 2X Shares by 166.8% during the third quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock worth $1,528,000 after acquiring an additional 23,032 shares during the period. Goldman Sachs Group Inc. acquired a new position in Direxion Daily MU Bull 2X Shares during the first quarter worth $716,000. Citadel Advisors LLC acquired a new position in Direxion Daily MU Bull 2X Shares during the third quarter worth $840,000. Finally, Tower Research Capital LLC TRC raised its position in Direxion Daily MU Bull 2X Shares by 95.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock worth $64,000 after acquiring an additional 1,289 shares during the period.

Direxion Daily MU Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily MU Bull 2X Shares (MUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.