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

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be given 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 Price Performance

Shares of NASDAQ MSFD traded down $0.19 during mid-day trading on Tuesday, reaching $14.47. The company had a trading volume of 24,993 shares, compared to its average volume of 95,163. The stock has a fifty day moving average of $14.15 and a two-hundred day moving average of $13.85. Direxion Daily MSFT Bear 1X Shares has a 12-month low of $12.43 and a 12-month high of $15.25.

Direxion Daily MSFT Bear 1X Shares Company Profile

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.