Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Announces Quarterly Dividend of $0.16

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.1569 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date is Tuesday, December 23rd. This is a 52.5% increase from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

Direxion Daily AMD Bear 1X Shares Stock Down 1.6%

Shares of NASDAQ:AMDD traded down $0.15 during midday trading on Tuesday, hitting $9.36. The stock had a trading volume of 2,068,238 shares, compared to its average volume of 2,115,530. Direxion Daily AMD Bear 1X Shares has a 1 year low of $7.90 and a 1 year high of $34.74. The stock has a 50 day moving average price of $9.14 and a two-hundred day moving average price of $13.10.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC acquired a new position in Direxion Daily AMD Bear 1X Shares during the third quarter worth $587,000. Optiver Holding B.V. lifted its stake in shares of Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after purchasing an additional 35,733 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily AMD Bear 1X Shares during the first quarter worth about $664,000. Susquehanna International Group LLP purchased a new position in Direxion Daily AMD Bear 1X Shares in the third quarter valued at about $292,000. Finally, Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares during the 2nd quarter valued at approximately $225,000.

About Direxion Daily AMD Bear 1X Shares

The Direxion Daily AMD Bear 1X Shares (AMDD) 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 AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.