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

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) announced a dividend on Wednesday, October 21st. Investors 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 92.3% decrease from Direxion Daily CSI 300 China A Share Bear 1X Shares’s previous dividend of $0.0794.

Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Performance

NYSEARCA:CHAD traded down $0.04 during mid-day trading on Thursday, hitting $9.80. 37,259 shares of the company’s stock traded hands, compared to its average volume of 37,458. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 1 year low of $6.80 and a 1 year high of $9.90. The firm’s 50 day simple moving average is $12.77 and its 200 day simple moving average is $17.06.

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.