Direxion Daily AMZN Bull 2X ETF (NASDAQ:AMZU) Announces Dividend Increase – $0.19 Per Share

Direxion Daily AMZN Bull 2X ETF (NASDAQ:AMZU) declared a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.1914 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 11.1% increase from Direxion Daily AMZN Bull 2X ETF’s previous quarterly dividend of $0.17.

Direxion Daily AMZN Bull 2X ETF Trading Down 3.2%

AMZU traded down $1.18 during trading on Tuesday, hitting $35.76. The stock had a trading volume of 3,158,727 shares, compared to its average volume of 3,076,708. The firm has a market cap of $269.99 million, a PE ratio of 32.75 and a beta of 2.47. Direxion Daily AMZN Bull 2X ETF has a 12 month low of $24.54 and a 12 month high of $47.14. The company has a 50 day simple moving average of $37.15 and a 200-day simple moving average of $36.02.

Direxion Daily AMZN Bull 2X ETF Company Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.