Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) Announces $0.14 Quarterly Dividend

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Tuesday, September 24th will be paid a dividend of 0.1408 per share on Tuesday, October 1st. This represents a $0.56 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Tuesday, September 24th.

Direxion Daily AMZN Bear 1X Shares Price Performance

Direxion Daily AMZN Bear 1X Shares stock traded down $0.15 during trading on Tuesday, reaching $13.22. The company had a trading volume of 31,550 shares, compared to its average volume of 42,434. The firm’s 50-day simple moving average is $14.57 and its 200 day simple moving average is $14.38. Direxion Daily AMZN Bear 1X Shares has a 1-year low of $12.99 and a 1-year high of $22.56.

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.