Direxion Daily MSFT Bear 1X Shares (MSFD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
12.89 USD
-0.08
(-0.617%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 12.88 -0.01 (-0.013%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:33 p.m. EDT
Despite 'Mag 7' rally headlines, MSFD's mechanics and options data scream relief or reversal. With MSFD trading near its 50-day average while recent price action shows a clear downtrend (-7.96% from the 50-day avg), the 1X inverse leverage is acting as a steroid for the underlying decline. The options market is pricing in a drop (high put IV) despite the bullish noise. This is a contrarian play; the momentum is bearish, making the bear 1X share a risky 'long' bet on sustained weakness in a sector that otherwise looks strong. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.174833 |
| AutoETS | 0.181338 |
| AutoARIMA | 0.181340 |
| AutoTheta | 0.187229 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 2.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.023 |
| Excess Kurtosis | 1.58 |
As of April 18, 2026, 10:33 p.m. EDT: Options flow indicates significant speculative positioning for downside protection. ATM call IV is depressed (0.79), while ATM put IV is elevated (1.6), suggesting fear of a drop despite underlying MSFT strength headlines. There is notable OI concentration at $15.00 strikes for both calls and puts, creating a volatility pivot around the upper range, but the immediate flow is heavily skewed towards hedging an anticipated decline (high put volume relative to call volume for near-term expirations). The low total expiring volume suggests traders are positioning for existing trends rather than initiating fresh directional trades.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.55% | 3.06% | 4.13% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.081 | 0.552373 |
| 2025-12-23 | 0.082 | 0.722178 |
| 2025-09-23 | 0.107 | 0.989285 |
| 2025-06-24 | 0.089 | 0.797850 |
| 2025-03-25 | 0.106 | 0.755095 |
| 2024-12-23 | 0.150 | 1.173644 |
| 2024-09-24 | 0.110 | 0.852458 |
| 2024-06-25 | 0.223 | 1.830132 |
| 2024-03-19 | 0.129 | 1.001554 |
| 2023-12-21 | 0.169 | 1.172833 |
| 2023-09-19 | 0.221 | 1.359964 |
| 2023-06-21 | 0.190 | 1.193726 |
| 2023-03-21 | 0.109 | 0.562595 |
| 2022-12-20 | 0.162 | 0.730643 |
| 2022-12-08 | 0.015 | 0.069145 |
| 2022-09-20 | 0.010 | 0.043751 |
| Attribute | Value |
|---|---|
| All Time High | 28.89 |
| All Time Low | 10.06 |
| Ask | 12.91 |
| Ask Size | 7 |
| Average Daily Volume10 Day | 1,123,640 |
| Average Daily Volume3 Month | 1,500,350 |
| Average Volume | 1,500,350 |
| Average Volume10Days | 1,123,640 |
| Beta3 Year | -1.05 |
| Bid | 12.88 |
| Bid Size | 7 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.96 |
| Day Low | 12.625 |
| Dividend Yield | 2.42 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.99764 |
| Fifty Day Average Change | -1.1076393 |
| Fifty Day Average Change Percent | -0.07913043 |
| Fifty Two Week Change Percent | -18.106735 |
| Fifty Two Week High | 15.86 |
| Fifty Two Week High Change | -2.9699993 |
| Fifty Two Week High Change Percent | -0.18726352 |
| Fifty Two Week Low | 10.06 |
| Fifty Two Week Low Change | 2.83 |
| Fifty Two Week Low Change Percent | 0.2813121 |
| Fifty Two Week Range | 10.06 - 15.86 |
| First Trade Date Milliseconds | 1,662,643,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,662,422,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the it’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to MSFT, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily MSFT Bear 1X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146309 |
| Nav Price | 12.895 |
| Net Assets | 6,636,842.0 |
| Net Expense Ratio | 1.02 |
| Open | 12.83 |
| Phone | 866-476-7523 |
| Post Market Change | -0.013100624 |
| Post Market Change Percent | -0.10163401 |
| Post Market Price | 12.8769 |
| Post Market Time | 1,776,470,367 |
| Previous Close | 12.97 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0799999 |
| Regular Market Change Percent | -0.616807 |
| Regular Market Day High | 12.96 |
| Regular Market Day Low | 12.625 |
| Regular Market Day Range | 12.625 - 12.96 |
| Regular Market Open | 12.83 |
| Regular Market Previous Close | 12.97 |
| Regular Market Price | 12.89 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 1,470,727 |
| Short Name | Direxion Daily MSFT Bear 1X ETF |
| Source Interval | 15 |
| Symbol | MSFD |
| Three Year Average Return | -0.112454005 |
| Total Assets | 6,636,842 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 28.7665 |
| Trailing Three Month Returns | 28.7665 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.938685 |
| Two Hundred Day Average Change | 0.9513149 |
| Two Hundred Day Average Change Percent | 0.07968339 |
| Type Disp | ETF |
| Volume | 1,470,727 |
| Yield | 0.0242 |
| Ytd Return | 28.7665 |