Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) to Issue Quarterly Dividend of $0.05

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.0499 per share on Tuesday, April 1st. This represents a $0.20 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily NVDA Bear 1X Shares Stock Performance

Direxion Daily NVDA Bear 1X Shares stock traded down $0.02 during mid-day trading on Tuesday, hitting $6.57. 8,928,110 shares of the company were exchanged, compared to its average volume of 12,600,006. Direxion Daily NVDA Bear 1X Shares has a 12-month low of $5.65 and a 12-month high of $13.50. The business’s 50 day simple moving average is $6.54 and its two-hundred day simple moving average is $6.61.

Direxion Daily NVDA Bear 1X Shares Company Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) 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 NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.