Wakefield Asset Management LLLP Makes New $990,000 Investment in Direxion Daily NFLX Bear 1X Shares $NFXS

Wakefield Asset Management LLLP bought a new position in Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 57,299 shares of the company’s stock, valued at approximately $990,000. Wakefield Asset Management LLLP owned about 0.29% of Direxion Daily NFLX Bear 1X Shares as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of NFXS. Jane Street Group LLC purchased a new position in Direxion Daily NFLX Bear 1X Shares in the 1st quarter worth about $655,000. StoneX Group Inc. purchased a new position in Direxion Daily NFLX Bear 1X Shares in the 2nd quarter worth about $189,000. Advisory Services Network LLC purchased a new position in Direxion Daily NFLX Bear 1X Shares in the 2nd quarter worth about $1,543,000. Optiver Holding B.V. raised its position in Direxion Daily NFLX Bear 1X Shares by 1,901.0% in the 3rd quarter. Optiver Holding B.V. now owns 59,410 shares of the company’s stock worth $822,000 after buying an additional 56,441 shares during the last quarter. Finally, Spire Wealth Management purchased a new position in Direxion Daily NFLX Bear 1X Shares in the 4th quarter worth about $52,000.

Direxion Daily NFLX Bear 1X Shares Stock Down 0.1%

NASDAQ NFXS opened at $17.92 on Friday. Direxion Daily NFLX Bear 1X Shares has a 52 week low of $12.52 and a 52 week high of $21.53. The company has a 50-day moving average price of $16.63 and a 200-day moving average price of $17.15.

Direxion Daily NFLX Bear 1X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a dividend of $0.081 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.32 annualized dividend and a dividend yield of 1.8%.

Direxion Daily NFLX Bear 1X Shares Profile

The Direxion Daily NFLX Bear 1X Shares (NFXS) is an exchange-traded fund that mostly invests in communication services equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXS was launched on Oct 3, 2024 and is issued by Direxion.