Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) Plans Quarterly Dividend of $0.08

Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.0838 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, March 24th.

Direxion Daily AAPL Bear 1X Shares Stock Down 0.6%

Shares of AAPD stock traded down $0.08 during mid-day trading on Tuesday, hitting $14.07. The stock had a trading volume of 7,813,270 shares, compared to its average volume of 8,037,342. Direxion Daily AAPL Bear 1X Shares has a fifty-two week low of $12.40 and a fifty-two week high of $21.96. The company’s 50-day simple moving average is $13.67 and its 200-day simple moving average is $13.63.

Direxion Daily AAPL Bear 1X Shares Company Profile

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.