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

Direxion Daily AMZN Bear 1X ETF (NASDAQ:AMZD) announced a quarterly dividend on Monday, September 21st. Stockholders 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 dividend yield of 2.1%. The ex-dividend date is Tuesday, September 22nd.

Direxion Daily AMZN Bear 1X ETF Price Performance

Shares of AMZD stock traded up $0.07 on Tuesday, hitting $8.54. The stock had a trading volume of 14,362,867 shares, 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 company’s 50 day moving average price is $8.64 and its 200-day moving average price is $9.24.

About Direxion Daily AMZN Bear 1X ETF

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.