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

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

Direxion Daily NVDA Bear 1X Shares Price Performance

Shares of NASDAQ:NVDD traded down $0.02 during trading on Tuesday, reaching $6.57. 8,928,110 shares of the company’s stock traded hands, compared to its average volume of 12,600,006. The company has a 50 day moving average of $6.54 and a 200-day moving average of $6.61. Direxion Daily NVDA Bear 1X Shares has a 12 month low of $5.65 and a 12 month high of $13.50.

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.