Cibc World Market Inc. Acquires Shares of 82,368 Direxion Daily AMZN Bear 1X Shares $AMZD

Cibc World Market Inc. acquired a new position in Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 82,368 shares of the company’s stock, valued at approximately $888,000. Cibc World Market Inc. owned approximately 0.13% of Direxion Daily AMZN Bear 1X Shares as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. PayPay Securities Corp lifted its holdings in shares of Direxion Daily AMZN Bear 1X Shares by 96.1% in the 3rd quarter. PayPay Securities Corp now owns 3,790 shares of the company’s stock valued at $41,000 after acquiring an additional 1,857 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Direxion Daily AMZN Bear 1X Shares during the second quarter worth approximately $119,000. Tower Research Capital LLC TRC purchased a new stake in Direxion Daily AMZN Bear 1X Shares during the second quarter valued at approximately $164,000. Advisory Services Network LLC purchased a new stake in Direxion Daily AMZN Bear 1X Shares during the second quarter valued at approximately $747,000. Finally, Jane Street Group LLC bought a new stake in shares of Direxion Daily AMZN Bear 1X Shares in the 2nd quarter valued at approximately $1,029,000.

Direxion Daily AMZN Bear 1X Shares Trading Down 1.1%

Shares of Direxion Daily AMZN Bear 1X Shares stock opened at $11.48 on Wednesday. The stock has a 50 day moving average price of $10.15 and a 200-day moving average price of $10.31. Direxion Daily AMZN Bear 1X Shares has a one year low of $9.03 and a one year high of $15.25.

Direxion Daily AMZN Bear 1X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.0774 per share. This represents a $0.31 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Direxion Daily AMZN Bear 1X Shares

The Direxion Daily AMZN Bear 1X Shares ETF (AMZD) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZD was launched on Sep 7, 2022 and is managed by Direxion.