Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) Declares Quarterly Dividend of $0.06

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) declared a quarterly dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.0642 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, December 23rd. This is a 204.6% increase from Direxion Daily GOOGL Bear 1X Shares’s previous quarterly dividend of $0.02.

Direxion Daily GOOGL Bear 1X Shares Price Performance

Shares of GGLS traded down $0.15 during trading hours on Tuesday, hitting $6.76. The company’s stock had a trading volume of 2,639,170 shares, compared to its average volume of 1,299,277. The business has a 50 day simple moving average of $7.46 and a two-hundred day simple moving average of $9.63. Direxion Daily GOOGL Bear 1X Shares has a 52-week low of $6.51 and a 52-week high of $16.00.

About Direxion Daily GOOGL Bear 1X Shares

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.