Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) Short Interest Down 44.2% in March

Posted by Eileen French on Mar 28th, 2025

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD – Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 37,000 shares, a decline of 44.2% from the February 28th total of 66,300 shares. Approximately 11.6% of the shares of the company are sold short. Based on an average daily trading volume, of 83,600 shares, the days-to-cover ratio is presently 0.4 days.

Direxion Daily MSFT Bear 1X Shares Stock Performance

NASDAQ:MSFD opened at $14.65 on Friday. The firm’s 50-day moving average is $14.20 and its 200-day moving average is $13.86. Direxion Daily MSFT Bear 1X Shares has a 52-week low of $12.43 and a 52-week high of $15.25.

Direxion Daily MSFT Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.106 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Tuesday, March 25th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MSFD. PayPay Securities Corp acquired a new position in Direxion Daily MSFT Bear 1X Shares in the fourth quarter valued at about $64,000. Jane Street Group LLC bought a new position in shares of Direxion Daily MSFT Bear 1X Shares in the third quarter valued at approximately $179,000. Jump Financial LLC acquired a new position in shares of Direxion Daily MSFT Bear 1X Shares in the 4th quarter worth approximately $341,000. Finally, Virtu Financial LLC bought a new stake in Direxion Daily MSFT Bear 1X Shares during the 4th quarter worth approximately $763,000.

About Direxion Daily MSFT Bear 1X Shares

(Get Free Report)

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.