Direxion Daily NVDA Bear 1X Shares (NVDD) to Issue Quarterly Dividend of $0.34 on December 31st

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD) declared a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.3378 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Tuesday, December 23rd. This is a 836.6% increase from Direxion Daily NVDA Bear 1X Shares’s previous quarterly dividend of $0.04.

Direxion Daily NVDA Bear 1X Shares Stock Performance

Direxion Daily NVDA Bear 1X Shares stock opened at $37.73 on Wednesday. The company’s 50-day moving average is $39.07 and its 200-day moving average is $41.87. Direxion Daily NVDA Bear 1X Shares has a fifty-two week low of $34.19 and a fifty-two week high of $89.85.

About Direxion Daily NVDA Bear 1X Shares

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.