Direxion Daily AAPL Bear 1X ETF (NASDAQ:AAPD) Declares Dividend Increase – $0.18 Per Share

Direxion Daily AAPL Bear 1X ETF (NASDAQ:AAPD) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be given a dividend of 0.1779 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date 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 Stock Performance

Direxion Daily AAPL Bear 1X ETF stock traded down $0.19 during trading on Tuesday, reaching $10.09. 8,400,799 shares of the company were exchanged, compared to its average volume of 8,869,807. The stock’s 50 day simple moving average is $10.88 and its two-hundred day simple moving average is $12.02. Direxion Daily AAPL Bear 1X ETF has a 52-week low of $9.92 and a 52-week 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.