Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Plans $0.02 Dividend

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) declared a dividend on Monday, June 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.0249 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily AMD Bear 1X Shares Price Performance

Direxion Daily AMD Bear 1X Shares stock opened at $2.84 on Tuesday. The firm has a fifty day simple moving average of $4.26 and a two-hundred day simple moving average of $7.39. Direxion Daily AMD Bear 1X Shares has a twelve month low of $2.78 and a twelve month high of $19.28.

Institutional Investors Weigh In On Direxion Daily AMD Bear 1X Shares

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares during the 1st quarter valued at about $116,000. Jane Street Group LLC purchased a new position in Direxion Daily AMD Bear 1X Shares in the 2nd quarter worth approximately $225,000. Susquehanna International Group LLP purchased a new position in Direxion Daily AMD Bear 1X Shares in the 3rd quarter worth approximately $292,000. OLD Mission Capital LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the fourth quarter valued at approximately $525,000. Finally, IMC Chicago LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the first quarter valued at approximately $551,000.

About Direxion Daily AMD Bear 1X Shares

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.