Direxion Daily NVDA Bear 1X Shares (NVDD) to Issue Quarterly Dividend of $0.28 on June 30th

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) announced a quarterly dividend on Monday, June 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.2765 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily NVDA Bear 1X Shares Trading Up 3.4%

Shares of NASDAQ:NVDD opened at $34.06 on Wednesday. Direxion Daily NVDA Bear 1X Shares has a 1 year low of $29.41 and a 1 year high of $50.70. The firm’s 50-day moving average is $33.05 and its two-hundred day moving average is $36.87.

About Direxion Daily NVDA Bear 1X Shares

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.