Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS) Declares Dividend Increase – $0.13 Per Share

Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS) declared a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.1307 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Tuesday, December 23rd. This is a 191.7% increase from Direxion Daily AVGO Bear 1X Shares’s previous quarterly dividend of $0.04.

Direxion Daily AVGO Bear 1X Shares Stock Performance

Shares of AVS traded down $0.33 during trading hours on Tuesday, reaching $9.36. 529,990 shares of the company’s stock traded hands, compared to its average volume of 364,655. The firm’s 50 day simple moving average is $9.42 and its 200-day simple moving average is $11.11. Direxion Daily AVGO Bear 1X Shares has a 12 month low of $8.14 and a 12 month high of $27.47.

Direxion Daily AVGO Bear 1X Shares Company Profile

The Direxion Daily AVGO Bear 1X Shares (AVS) 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 Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.