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

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be given a dividend of 0.0526 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily GOOGL Bear 1X Shares Trading Up 3.1%

GGLS stock traded up $0.22 during midday trading on Tuesday, reaching $7.25. 16,878,755 shares of the company’s stock traded hands, compared to its average volume of 14,318,853. The company has a 50-day simple moving average of $6.71 and a two-hundred day simple moving average of $7.37. Direxion Daily GOOGL Bear 1X Shares has a 1-year low of $6.09 and a 1-year high of $16.00.

Direxion Daily GOOGL Bear 1X Shares Company Profile

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.