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

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) announced 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 of this dividend is Tuesday, March 25th.

Direxion Daily NVDA Bear 1X Shares Stock Performance

NVDD stock traded down $0.02 on Tuesday, reaching $6.57. The company’s stock had a trading volume of 8,928,110 shares, compared to its average volume of 12,600,006. The firm has a fifty day moving average of $6.54 and a two-hundred day moving average of $6.61. Direxion Daily NVDA Bear 1X Shares has a 52 week low of $5.65 and a 52 week 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.