Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) to Issue $0.12 Quarterly Dividend

Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.1176 per share on Tuesday, April 1st. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily AAPL Bear 1X Shares Price Performance

Shares of NASDAQ:AAPD traded down $0.36 during trading on Tuesday, reaching $16.93. 1,674,649 shares of the company’s stock traded hands, compared to its average volume of 503,272. Direxion Daily AAPL Bear 1X Shares has a fifty-two week low of $14.70 and a fifty-two week high of $23.72. The company has a 50-day simple moving average of $16.52 and a 200-day simple moving average of $16.46.

Direxion Daily AAPL Bear 1X Shares Company Profile

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.