Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Plans Dividend of $0.08

by · The Markets Daily

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) announced a dividend on Wednesday, September 16th. Investors of record on Friday, October 30th will be given a dividend of 0.0794 per share on Monday, November 2nd. The ex-dividend date of this dividend is Friday, October 30th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Up 5.8%

NYSEARCA CHAD traded up $0.49 during trading hours on Thursday, reaching $8.89. The company’s stock had a trading volume of 30,129 shares, compared to its average volume of 37,847. The firm’s 50-day moving average price is $17.84 and its 200-day moving average price is $18.84. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 1 year low of $6.80 and a 1 year high of $9.00.

Direxion Daily CSI 300 China A Share Bear 1X Shares News Summary

Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:

  • Positive Sentiment: Direxion declared a dividend of $0.0794 per share, payable November 2 to shareholders of record October 30. The distribution may support investor interest, although it is relatively small and does not necessarily represent a fundamental change in the fund’s outlook.
  • Neutral Sentiment: The ex-dividend date is October 30. Because the date is in the future, the announcement is unlikely to be the primary driver of the fund’s current trading activity.
  • Neutral Sentiment: The same dividend announcement was repeated throughout the latest reporting period; these entries reflect one corporate action rather than multiple new developments.

Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile

(Get Free Report)

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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