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

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) declared a dividend on Tuesday, September 22nd. Investors of record on Friday, October 30th will be paid 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 Price Performance

Direxion Daily CSI 300 China A Share Bear 1X Shares stock traded up $0.09 during midday trading on Wednesday, reaching $8.90. The company’s stock had a trading volume of 25,073 shares, compared to its average volume of 43,543. Direxion Daily CSI 300 China A Share Bear 1X Shares has a fifty-two week low of $6.80 and a fifty-two week high of $9.15. The stock’s 50 day simple moving average is $16.98 and its 200 day simple moving average is $18.54.

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

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

• Positive Sentiment: Eligible shareholders will receive the distributions on various dates from October 2 through November 2, 2026, depending on the applicable record and ex-dividend dates. This provides a minor cash return to shareholders.
• Neutral Sentiment: The distribution is very small relative to CHAD’s share price and is unlikely to be a meaningful driver of the fund’s trading today. As an inverse ETF, CHAD’s performance is primarily influenced by daily movements in the CSI 300 China A Share Index and the fund’s one-times inverse strategy.

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.