Direxion Daily NVDA Bear 1X Shares to Issue Quarterly Dividend of $0.05 (NASDAQ:NVDD)

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.0499 per share on Tuesday, April 1st. This represents a $0.20 annualized dividend and a yield of 3.04%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily NVDA Bear 1X Shares Stock Performance

NVDD stock traded down $0.02 during midday trading on Tuesday, hitting $6.57. The company’s stock had a trading volume of 8,928,110 shares, compared to its average volume of 12,600,006. The firm has a 50-day simple moving average of $6.54 and a 200-day simple moving average of $6.61. Direxion Daily NVDA Bear 1X Shares has a 52-week low of $5.65 and a 52-week high of $13.50.

Direxion Daily NVDA Bear 1X Shares Company Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.