IMC Chicago LLC Purchases 41,342 Shares of Direxion Daily NFLX Bear 1X Shares $NFXS

IMC Chicago LLC lifted its position in shares of Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXS) by 203.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 61,642 shares of the company’s stock after purchasing an additional 41,342 shares during the quarter. IMC Chicago LLC owned approximately 0.21% of Direxion Daily NFLX Bear 1X Shares worth $1,010,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of NFXS. Advisory Services Network LLC acquired a new position in Direxion Daily NFLX Bear 1X Shares in the second quarter valued at $1,543,000. Wakefield Asset Management LLLP acquired a new stake in Direxion Daily NFLX Bear 1X Shares during the 4th quarter worth about $990,000. Jane Street Group LLC bought a new position in shares of Direxion Daily NFLX Bear 1X Shares in the 1st quarter worth about $655,000. StoneX Group Inc. bought a new position in shares of Direxion Daily NFLX Bear 1X Shares in the 2nd quarter worth about $189,000. Finally, Spire Wealth Management bought a new position in shares of Direxion Daily NFLX Bear 1X Shares in the 4th quarter worth about $52,000.

Direxion Daily NFLX Bear 1X Shares Price Performance

Shares of NASDAQ:NFXS opened at $20.90 on Thursday. Direxion Daily NFLX Bear 1X Shares has a 1 year low of $13.15 and a 1 year high of $21.80. The business’s 50-day moving average is $19.30 and its 200-day moving average is $18.30.

Direxion Daily NFLX Bear 1X Shares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a $0.1489 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, June 23rd.

Direxion Daily NFLX Bear 1X Shares Profile

The Direxion Daily NFLX Bear 1X Shares (NFXS) is an exchange-traded fund that mostly invests in communication services equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXS was launched on Oct 3, 2024 and is issued by Direxion.