Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) to Issue $0.06 Dividend

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) declared a dividend on Monday, June 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.0623 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily AMZN Bear 1X Shares Price Performance

AMZD stock opened at $9.74 on Tuesday. The company’s 50-day simple moving average is $8.91 and its 200-day simple moving average is $9.92. Direxion Daily AMZN Bear 1X Shares has a 52-week low of $8.19 and a 52-week high of $11.77.

Hedge Funds Weigh In On Direxion Daily AMZN Bear 1X Shares

A number of large investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in Direxion Daily AMZN Bear 1X Shares during the first quarter worth approximately $35,000. PayPay Securities Corp grew its holdings in Direxion Daily AMZN Bear 1X Shares by 69.1% in the fourth quarter. PayPay Securities Corp now owns 6,408 shares of the company’s stock valued at $64,000 after purchasing an additional 2,618 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of Direxion Daily AMZN Bear 1X Shares in the second quarter valued at approximately $119,000. Tower Research Capital LLC TRC acquired a new position in shares of Direxion Daily AMZN Bear 1X Shares during the 2nd quarter worth approximately $164,000. Finally, Jane Street Group LLC acquired a new position in shares of Direxion Daily AMZN Bear 1X Shares during the 4th quarter worth approximately $153,000.

Direxion Daily AMZN Bear 1X Shares Company Profile

The Direxion Daily AMZN Bear 1X Shares ETF (AMZD) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZD was launched on Sep 7, 2022 and is managed by Direxion.