Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Plans Quarterly Dividend of $0.16

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) declared a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.1569 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a 52.5% increase from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

Direxion Daily AMD Bear 1X Shares Trading Down 1.5%

Direxion Daily AMD Bear 1X Shares stock traded down $0.14 during mid-day trading on Tuesday, hitting $9.37. 2,094,905 shares of the company’s stock traded hands, compared to its average volume of 2,116,049. The firm has a 50 day simple moving average of $9.14 and a two-hundred day simple moving average of $13.10. Direxion Daily AMD Bear 1X Shares has a fifty-two week low of $7.90 and a fifty-two week high of $34.74.

Direxion Daily AMD Bear 1X Shares Company Profile

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.