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

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) announced 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 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily MSFT Bear 1X Shares Trading Down 1.3 %

NASDAQ:MSFD traded down $0.19 during trading hours on Tuesday, reaching $14.47. 24,993 shares of the company’s stock were exchanged, compared to its average volume of 95,163. Direxion Daily MSFT Bear 1X Shares has a 12 month low of $12.43 and a 12 month high of $15.25. The business’s 50-day simple moving average is $14.15 and its two-hundred day simple moving average is $13.85.

About Direxion Daily MSFT Bear 1X Shares

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.