Direxion Daily GOOGL Bear 1X ETF (NASDAQ:GGLS) Increases Dividend to $0.38 Per Share

Direxion Daily GOOGL Bear 1X ETF (NASDAQ:GGLS) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.3754 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 13.0% increase from Direxion Daily GOOGL Bear 1X ETF’s previous quarterly dividend of $0.33.

Direxion Daily GOOGL Bear 1X ETF Price Performance

Direxion Daily GOOGL Bear 1X ETF stock traded up $0.26 during mid-day trading on Tuesday, reaching $56.99. 77,791 shares of the company’s stock traded hands, compared to its average volume of 1,109,230. The stock has a 50 day moving average of $58.61 and a two-hundred day moving average of $60.07. Direxion Daily GOOGL Bear 1X ETF has a 12-month low of $50.65 and a 12-month high of $91.75.

Direxion Daily GOOGL Bear 1X ETF 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.