Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) announced a dividend on Wednesday, September 16th. Stockholders of record on Friday, October 30th will be given a dividend of 0.0794 per share on Monday, November 2nd. The ex-dividend date of this dividend is Friday, October 30th.
Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Up 5.8%
Shares of NYSEARCA:CHAD traded up $0.49 during trading on Thursday, reaching $8.89. The stock had a trading volume of 30,129 shares, compared to its average volume of 37,847. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 52 week low of $6.80 and a 52 week high of $9.00. The firm’s fifty day moving average is $17.63 and its 200 day moving average is $18.77.
Key Direxion Daily CSI 300 China A Share Bear 1X Shares News
Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:
- Positive Sentiment: CHAD declared a dividend of $0.0794 per share, providing a modest cash distribution for eligible shareholders. Investors must be on the register by October 30, 2026, with payment scheduled for November 2, 2026.
- Neutral Sentiment: The dividend’s ex-dividend date is October 30, 2026. As with other funds, the share price may adjust around the ex-dividend date by approximately the distribution amount, all else being equal.
- Neutral Sentiment: Because CHAD is designed to provide inverse exposure to the CSI 300 China A Share Index, its performance is generally helped by declines in Chinese A-share equities and pressured by gains in that market. The dividend announcement itself does not explain the recent increase in the fund.
Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile
The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.
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