Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) Shares Gap Down – Time to Sell?

Posted by Chris Copeland on Aug 5th, 2026

Direxion Daily MU Bull 2X Shares (NASDAQ:MUU – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $23.67, but opened at $21.54. Direxion Daily MU Bull 2X Shares shares last traded at $21.40, with a volume of 15,376,039 shares changing hands.

Direxion Daily MU Bull 2X Shares Stock Performance

The stock’s 50 day simple moving average is $39.28 and its 200-day simple moving average is $21.90.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.1024 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Investors Weigh In On Direxion Daily MU Bull 2X Shares

Several large investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. grew its stake in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after acquiring an additional 631 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Direxion Daily MU Bull 2X Shares by 95.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock valued at $64,000 after purchasing an additional 1,289 shares during the period. Vestor Capital LLC purchased a new position in Direxion Daily MU Bull 2X Shares in the first quarter valued at $315,000. PFG Investments LLC acquired a new position in Direxion Daily MU Bull 2X Shares during the 1st quarter worth $482,000. Finally, Diversify Wealth Management LLC acquired a new position in Direxion Daily MU Bull 2X Shares during the 1st quarter worth $658,000.

About Direxion Daily MU Bull 2X Shares

(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.