Rossby Financial LCC Takes Position in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD)

Posted by Donald Scott on Apr 16th, 2025

Rossby Financial LCC bought a new position in shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,500 shares of the company’s stock, valued at approximately $191,000. Rossby Financial LCC owned 0.86% of Direxion Daily AAPL Bear 1X Shares at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in Direxion Daily AAPL Bear 1X Shares in the 4th quarter valued at about $1,077,000. Virtu Financial LLC increased its holdings in shares of Direxion Daily AAPL Bear 1X Shares by 114.8% during the fourth quarter. Virtu Financial LLC now owns 36,527 shares of the company’s stock valued at $557,000 after acquiring an additional 19,519 shares in the last quarter. Finally, PayPay Securities Corp bought a new stake in shares of Direxion Daily AAPL Bear 1X Shares during the fourth quarter valued at approximately $64,000.

Direxion Daily AAPL Bear 1X Shares Trading Up 0.3 %

Shares of AAPD opened at $17.96 on Wednesday. The business’s fifty day moving average is $17.19 and its 200 day moving average is $16.61. Direxion Daily AAPL Bear 1X Shares has a 12-month low of $14.70 and a 12-month high of $23.72.

Direxion Daily AAPL Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.1176 dividend. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date was Tuesday, March 25th.

Direxion Daily AAPL Bear 1X Shares Company Profile

(Free Report)

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.