Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) declared a dividend on Tuesday, October 20th. Shareholders of record on Friday, November 27th will be paid a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.
Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Performance
NYSEARCA:CHAD traded up $0.20 on Wednesday, hitting $9.82. The stock had a trading volume of 25,658 shares, compared to its average volume of 37,245. The company has a fifty day moving average price of $12.96 and a two-hundred day moving average price of $17.13. 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.
Key Direxion Daily CSI 300 China A Share Bear 1X Shares News
Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:
- Positive Sentiment: CHAD declared a distribution of $0.0061 per share, representing a 19% increase from the prior $0.0052 payment. Investors of record are generally listed as receiving the distribution on November 30, with November 27 shown as the ex-dividend date.
- Neutral Sentiment: The numerous reports appear to be repeated versions of the same dividend announcement rather than separate developments. Some entries list earlier record, ex-dividend, and payment dates in November, so investors should verify the official fund notice for the applicable schedule.
- Negative Sentiment: The distribution is very small relative to CHAD’s share value and should have limited lasting impact on valuation. As with other ETFs, the share price may adjust downward by approximately the distribution amount on the ex-dividend date, all else equal.
About Direxion Daily CSI 300 China A Share Bear 1X Shares
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.
See Also
- Five stocks we like better than Direxion Daily CSI 300 China A Share Bear 1X Shares
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Direxion Daily CSI 300 China A Share Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily CSI 300 China A Share Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
