Direxion Daily META Bear 1X Shares Declares Quarterly Dividend of $0.07 (NASDAQ:METD)

Direxion Daily META Bear 1X Shares (NASDAQ:METD) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be paid a dividend of 0.0691 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, March 24th.

Direxion Daily META Bear 1X Shares Stock Performance

METD stock traded up $0.26 during mid-day trading on Tuesday, reaching $17.31. The company had a trading volume of 164,713 shares, compared to its average volume of 495,254. Direxion Daily META Bear 1X Shares has a one year low of $13.45 and a one year high of $23.35. The stock’s 50-day simple moving average is $15.99 and its two-hundred day simple moving average is $15.71.

About Direxion Daily META Bear 1X Shares

The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.