Direxion Daily META Bear 1X ETF (NASDAQ:METD – Get Free Report) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.0613 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 22nd.
Direxion Daily META Bear 1X ETF Trading Up 0.3%
NASDAQ:METD traded up $0.04 during mid-day trading on Tuesday, hitting $12.70. The company had a trading volume of 1,236,060 shares, compared to its average volume of 510,382. The business has a fifty day simple moving average of $15.86 and a 200-day simple moving average of $16.27. Direxion Daily META Bear 1X ETF has a 1 year low of $12.35 and a 1 year high of $19.54.
Institutional Trading of Direxion Daily META Bear 1X ETF
Institutional investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. lifted its holdings in Direxion Daily META Bear 1X ETF by 58.2% during the 1st quarter. Optiver Holding B.V. now owns 21,191 shares of the company’s stock worth $376,000 after buying an additional 7,800 shares during the last quarter. Genesis Financial Group LLC increased its holdings in shares of Direxion Daily META Bear 1X ETF by 13.2% in the 1st quarter. Genesis Financial Group LLC now owns 51,400 shares of the company’s stock valued at $911,000 after acquiring an additional 6,000 shares during the last quarter. Finally, IMC Chicago LLC raised its position in shares of Direxion Daily META Bear 1X ETF by 60.8% during the 1st quarter. IMC Chicago LLC now owns 105,235 shares of the company’s stock valued at $1,865,000 after acquiring an additional 39,785 shares in the last quarter.
Direxion Daily META Bear 1X ETF Company Profile
The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.
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