Direxion Daily AVGO Bear 1X ETF (NASDAQ:AVS) Increases Dividend to $0.04 Per Share

Direxion Daily AVGO Bear 1X ETF (NASDAQ:AVS) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.043 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 22nd. This is a 20.0% increase from Direxion Daily AVGO Bear 1X ETF’s previous quarterly dividend of $0.04.

Direxion Daily AVGO Bear 1X ETF Stock Performance

Shares of NASDAQ AVS traded down $0.08 during midday trading on Tuesday, hitting $7.93. 11,000,752 shares of the company’s stock were exchanged, compared to its average volume of 6,712,693. Direxion Daily AVGO Bear 1X ETF has a twelve month low of $6.25 and a twelve month high of $10.95. The stock’s 50 day moving average price is $7.77 and its 200-day moving average price is $8.11.

About Direxion Daily AVGO Bear 1X ETF

The Direxion Daily AVGO Bear 1X Shares (AVS) 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 Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.