Direxion Daily AAPL Bear 1X ETF (NASDAQ:AAPD) Increases Dividend to $0.18 Per Share

Direxion Daily AAPL Bear 1X ETF (NASDAQ:AAPD) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.1779 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 124.3% increase from Direxion Daily AAPL Bear 1X ETF’s previous quarterly dividend of $0.08.

Direxion Daily AAPL Bear 1X ETF Price Performance

Shares of Direxion Daily AAPL Bear 1X ETF stock traded down $0.19 on Tuesday, hitting $10.09. The company’s stock had a trading volume of 8,400,799 shares, compared to its average volume of 8,869,807. The firm has a fifty day moving average price of $10.88 and a 200-day moving average price of $12.02. Direxion Daily AAPL Bear 1X ETF has a 1 year low of $9.92 and a 1 year high of $14.63.

Direxion Daily AAPL Bear 1X ETF Company Profile

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.