Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Increases Dividend to $0.01 Per Share

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) announced a dividend on Saturday, October 17th. Stockholders of record on Friday, November 27th will be paid a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th. This is a 19.0% increase from Direxion Daily CSI 300 China A Share Bear 1X Shares’s previous dividend of $0.0052.

Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Down 3.4%

Shares of NYSEARCA CHAD traded down $0.33 during mid-day trading on Friday, hitting $9.34. The company had a trading volume of 62,272 shares, compared to its average volume of 37,813. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 12 month low of $6.80 and a 12 month high of $9.90. The firm’s 50 day simple moving average is $13.35 and its two-hundred day simple moving average is $17.28.

Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile

The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.