Direxion Daily AMZN Bear 1X Shares to Issue Quarterly Dividend of $0.10 (NASDAQ:AMZD)

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.1039 per share on Tuesday, April 1st. This represents a $0.42 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily AMZN Bear 1X Shares Trading Down 2.2 %

Shares of AMZD stock traded down $0.27 during mid-day trading on Tuesday, reaching $12.16. The company’s stock had a trading volume of 248,894 shares, compared to its average volume of 87,064. Direxion Daily AMZN Bear 1X Shares has a 1-year low of $10.44 and a 1-year high of $16.84. The firm’s 50-day moving average is $11.62 and its two-hundred day moving average is $12.32.

About Direxion Daily AMZN Bear 1X Shares

The Direxion Daily AMZN Bear 1X Shares ETF (AMZD) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZD was launched on Sep 7, 2022 and is managed by Direxion.