Direxion Daily META Bear 1X Shares Declares Quarterly Dividend of $0.17 (NASDAQ:METD)

Direxion Daily META Bear 1X Shares (NASDAQ:METD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.1687 per share on Tuesday, April 1st. This represents a $0.67 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily META Bear 1X Shares Price Performance

NASDAQ METD traded down $0.39 during trading hours on Tuesday, reaching $18.22. The company’s stock had a trading volume of 125,384 shares, compared to its average volume of 288,496. The company’s 50-day moving average is $17.75 and its two-hundred day moving average is $19.36. Direxion Daily META Bear 1X Shares has a fifty-two week low of $15.68 and a fifty-two week high of $26.62.

About Direxion Daily META Bear 1X Shares

The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.