Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) Sees Large Decline in Short Interest

Posted by Max Byerly on Jul 29th, 2026

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 173,884 shares, a decline of 45.9% from the June 30th total of 321,224 shares. Approximately 2.7% of the shares of the company are short sold. Based on an average trading volume of 15,369,427 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Direxion Daily MU Bear 1X Shares

A hedge fund recently bought a new position in Direxion Daily MU Bear 1X Shares stock. Jane Street Group LLC purchased a new stake in Direxion Daily MU Bear 1X Shares (NASDAQ:MUD – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,739 shares of the company’s stock, valued at approximately $133,000. Jane Street Group LLC owned about 0.13% of Direxion Daily MU Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily MU Bear 1X Shares Trading Up 10.1%

Direxion Daily MU Bear 1X Shares stock traded up $1.31 during mid-day trading on Wednesday, hitting $14.30. 21,859,464 shares of the company’s stock traded hands, compared to its average volume of 7,458,538. The firm has a 50 day simple moving average of $12.24 and a two-hundred day simple moving average of $27.21. Direxion Daily MU Bear 1X Shares has a fifty-two week low of $8.90 and a fifty-two week high of $184.60.

Direxion Daily MU Bear 1X Shares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.0505 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, June 23rd.

About Direxion Daily MU Bear 1X Shares

(Get Free Report)

The Direxion Daily MU Bear 1X Shares (MUD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.