Direxion Daily AMZN Bear 1X ETF (NASDAQ:AMZD) Declares $0.05 Quarterly Dividend

Direxion Daily AMZN Bear 1X ETF (NASDAQ:AMZD) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.0454 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, September 22nd.

Direxion Daily AMZN Bear 1X ETF Stock Performance

Shares of NASDAQ AMZD traded up $0.07 during midday trading on Tuesday, reaching $8.54. 14,362,867 shares of the company were exchanged, compared to its average volume of 11,581,367. Direxion Daily AMZN Bear 1X ETF has a 1 year low of $7.64 and a 1 year high of $11.77. The stock has a fifty day simple moving average of $8.64 and a 200 day simple moving average of $9.24.

Institutional Trading of Direxion Daily AMZN Bear 1X ETF

A number of institutional investors have recently added to or reduced their stakes in AMZD. IMC Chicago LLC acquired a new position in Direxion Daily AMZN Bear 1X ETF during the first quarter worth $1,479,000. Hamilton Wealth LLC acquired a new stake in Direxion Daily AMZN Bear 1X ETF in the first quarter valued at $990,000. Finally, Geneos Wealth Management Inc. acquired a new stake in Direxion Daily AMZN Bear 1X ETF in the first quarter valued at $35,000.

Direxion Daily AMZN Bear 1X ETF Company Profile

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.