Tradr 2X Long APP Daily ETF Plans Dividend of $3.32 (NASDAQ:APPX)

Tradr 2X Long APP Daily ETF (NASDAQ:APPX) announced a dividend on Thursday, December 25th, NASDAQ Dividends reports. Investors of record on Friday, December 26th will be paid a dividend of 3.3248 per share on Tuesday, December 30th. The ex-dividend date is Friday, December 26th.

Tradr 2X Long APP Daily ETF Stock Performance

NASDAQ:APPX opened at $44.80 on Friday. Tradr 2X Long APP Daily ETF has a 12-month low of $6.74 and a 12-month high of $52.54. The business has a 50 day simple moving average of $34.75 and a 200 day simple moving average of $26.75.

About Tradr 2X Long APP Daily ETF

Tradr 2X Long APP Daily ETF (APPX) is a leveraged exchange-traded fund designed to deliver 200% (2x) of the daily performance of AppLovin Corp. (APP) stock, before fees and expenses. The fund primarily uses total return swap agreements with major global financial institutions to achieve its leverage target. If swaps are unavailable or less efficient, it may use FLEX call options or directly hold APP shares. APPX is intended for sophisticated investors and professional traders seeking short-term, tactical exposure to the daily price movements of AppLovin, and is not suitable for long-term holding due to the compounding effects of leverage and daily resets.