Direxion Daily MSFT Bear 1X Shares company info

What does Direxion Daily MSFT Bear 1X Shares do?
Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) is focused on providing investment results that correspond to the inverse (-1x) of the daily performance of the Microsoft Corporation (Microsoft) share price. It offers a unique proposition for investors looking to hedge against or speculate on the daily movements in Microsoft's stock price. The firm's operations are geared towards leveraging financial instruments and derivatives to achieve its investment objective. Projects mainly include continuous monitoring and adjusting of the fund's holdings to ensure they accurately reflect the inverse performance of Microsoft's shares. The main objective of Direxion Daily MSFT Bear 1X Shares is to provide investors with a tool for making profit from or protecting against declines in the value of Microsoft shares on a day-to-day basis, offering a specialized investment vehicle for trading and hedging strategies.
Direxion Daily MSFT Bear 1X Shares company media
Company Snapshot

Is Direxion Daily MSFT Bear 1X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily MSFT Bear 1X Shares employ?

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Employees
56

What sector is Direxion Daily MSFT Bear 1X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily MSFT Bear 1X Shares?

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Head Office
New York, United States

What year was Direxion Daily MSFT Bear 1X Shares founded?

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Year Founded
2022
What does Direxion Daily MSFT Bear 1X Shares specialise in?
/Short ETF /Microsoft Stocks /Investment Services /Financial Product /Asset Management /Market Exposure

What are the products and/or services of Direxion Daily MSFT Bear 1X Shares?

Overview of Direxion Daily MSFT Bear 1X Shares offerings
Inverse exposure to Microsoft's stock price: MSFD aims to deliver returns that are opposite to the daily performance of Microsoft's common stock. If MSFT's stock price goes up by 1%, MSFD aims to go down by 1%, and vice versa.
Potential for magnified returns: Because MSFD uses leverage, it aims to amplify gains when the stock price goes down as intended. However, this leverage can also magnify losses if the stock price goes up.
Short-term investment vehicle: MSFD is designed to track the inverse performance of MSFT on a daily basis. It's not ideal for long-term investing due to the compounding effect of daily volatility.
Trading flexibility: MSFD can be bought and sold on an exchange like any other stock, offering investors flexibility in their trading strategies.
Tax implications: Because MSFD uses swaps to achieve its inverse performance, it may have different tax implications compared to directly shorting a stock. Investors should consult with a tax advisor regarding the specific tax treatment of MSFD.
Potential for high risk: Due to its leveraged nature and inverse strategy, MSFD is considered a high-risk investment. Investors should carefully consider their risk tolerance before investing in MSFD.