Direxion Daily NVDA Bear 1X Shares (NVDD) to Issue Quarterly Dividend of $0.05 on April 1st

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.0499 per share on Tuesday, April 1st. This represents a $0.20 annualized dividend and a yield of 3.04%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily NVDA Bear 1X Shares Price Performance

Shares of NASDAQ:NVDD opened at $6.57 on Wednesday. The company’s 50-day moving average price is $6.54 and its two-hundred day moving average price is $6.59. Direxion Daily NVDA Bear 1X Shares has a one year low of $5.65 and a one year high of $13.50.

Direxion Daily NVDA Bear 1X Shares Company Profile

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.