Solana ETF (NASDAQ:SOLZ) Plans Dividend Increase – $0.01 Per Share

Solana ETF (NASDAQ:SOLZ) declared a dividend on Tuesday, May 19th, NASDAQ Dividends reports. Investors of record on Wednesday, May 20th will be paid a dividend of 0.0149 per share on Thursday, May 21st. The ex-dividend date is Wednesday, May 20th. This is a 9.6% increase from Solana ETF’s previous dividend of $0.01.

Solana ETF Trading Up 2.0%

SOLZ stock traded up $0.17 during trading on Wednesday, hitting $8.65. 875,822 shares of the stock traded hands, compared to its average volume of 2,019,260. Solana ETF has a one year low of $7.68 and a one year high of $27.12. The company has a 50 day simple moving average of $8.78 and a 200 day simple moving average of $11.28.

About Solana ETF

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.