Direxion Daily CSI 300 China A Share Bear 1X Shares Announces Dividend of $0.01 (NYSEARCA:CHAD)

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) declared a dividend on Monday, September 21st. Shareholders of record on Friday, October 30th will be given a dividend of 0.0052 per share on Monday, November 2nd. The ex-dividend date is Friday, October 30th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Up 0.1%

CHAD stock traded up $0.01 during mid-day trading on Tuesday, reaching $8.81. 73,579 shares of the stock traded hands, compared to its average volume of 45,398. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 52 week low of $6.80 and a 52 week high of $9.15. The business has a 50-day moving average of $17.19 and a two-hundred day moving average of $18.62.

Key Direxion Daily CSI 300 China A Share Bear 1X Shares News

Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:

• Neutral Sentiment: CHAD declared a distribution of $0.0052 per share, payable November 2, 2026, to shareholders of record October 30, with October 30 listed as the ex-dividend date. The payment is minimal relative to the fund’s share price and is unlikely to materially influence investor demand.
• Neutral Sentiment: Some earlier duplicate reports cite similar $0.0052 distributions with October 22 or October 2 record dates and October 23 or October 5 payment dates. These conflicting dates may reflect repeated or corrected fund-distribution notices, so investors should verify the official schedule with Direxion or the exchange.
• Neutral Sentiment: Because CHAD is designed to provide inverse exposure to the CSI 300 China A Share Index, its price is driven primarily by daily movements in Chinese A-share equities rather than by the small distribution. Sustained weakness in the CSI 300 would generally support CHAD, while a stronger Chinese equity market would pressure it.

About Direxion Daily CSI 300 China A Share Bear 1X Shares

The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.