Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Raises Dividend to $0.01 Per Share
by Michael Walen · The Markets DailyDirexion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) announced a dividend on Sunday, October 18th. Stockholders of record on Friday, November 27th will be given a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th. This is a 19.0% increase from Direxion Daily CSI 300 China A Share Bear 1X Shares’s previous dividend of $0.0052.
Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Up 3.6%
Shares of CHAD traded up $0.34 during mid-day trading on Monday, hitting $9.68. The company’s stock had a trading volume of 44,280 shares, compared to its average volume of 38,044. The stock’s 50-day moving average is $13.16 and its two-hundred day moving average is $17.20. Direxion Daily CSI 300 China A Share Bear 1X Shares has a one year low of $6.80 and a one year high of $9.90.
About Direxion Daily CSI 300 China A Share Bear 1X Shares
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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