Direxion Daily CSI 300 China A Share Bear 1X Shares Announces Dividend of $0.01 (NYSEARCA:CHAD)

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) announced a dividend on Tuesday, September 22nd. Shareholders of record on Friday, October 30th will be paid a dividend of 0.0052 per share on Monday, November 2nd. The ex-dividend date is Friday, October 30th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Up 1.5%

Shares of NYSEARCA:CHAD traded up $0.13 during midday trading on Wednesday, reaching $8.94. 11,480 shares of the company’s stock traded hands, compared to its average volume of 42,297. Direxion Daily CSI 300 China A Share Bear 1X Shares has a one year low of $6.80 and a one year high of $9.15. The stock has a 50 day moving average of $16.98 and a 200 day moving average of $18.54.

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:

• Neutral Sentiment: CHAD declared a $0.0052-per-share dividend for shareholders of record on October 30, with payment scheduled for November 2; the ex-dividend date is October 30.
• Neutral Sentiment: Additional $0.0052 distributions were reported with record dates in early October and payment dates from October 2 through October 6, as well as a record date of October 22 with payment on October 23.
• Neutral Sentiment: The dividend amounts are minimal relative to the fund’s share price and do not materially change the investment outlook. The notices appear repeatedly across the supplied reports and represent the same distribution information rather than new developments.

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.