Direxion Daily Mid Cap Bull 3X Shares Price & Performance (MIDU)

Direxion Daily Mid Cap Bull 3X Shares (MIDU) was downgraded from Hold/Accumulate to Sell Candidate after a 1.23% drop on Friday, closing at $35.26. Despite recent gains, mixed technical signals and rising volume on declining prices suggest increased risk and potential for further short-term weakness. Traders are advised to monitor closely.12

A recent holdings update for MIDU reveals over 59% of assets are allocated to cash equivalents, with Goldman Sachs FS Treasury Intms Instl and Dreyfus Govt Cash Man Ins making up the bulk. Equities like EMCOR and Interactive Brokers each represent less than 1%. This conservative positioning may reflect current market uncertainty.32

MIDU’s latest dividend, paid April 1, was $0.1663 per share, continuing its pattern of quarterly distributions. Despite recent price swings and technical downgrades, the ETF has maintained regular payouts, offering some income stability for investors navigating leveraged mid-cap exposure.34