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

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) declared a dividend on Friday, October 16th. Stockholders of record on Friday, November 27th will be given a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date of this dividend 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 Stock Performance

CHAD traded down $0.33 during midday trading on Friday, reaching $9.34. 62,272 shares of the company’s stock were exchanged, compared to its average volume of 37,813. 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 business’s 50-day moving average price is $13.35 and its 200 day moving average price 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.