Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Shareholders to Get $0.01 Dividend

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) declared a dividend on Friday, October 23rd. Investors of record on Wednesday, November 4th will be paid a dividend of $0.0061 per share on Thursday, November 5th. The ex-dividend date of this dividend is Wednesday, November 4th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Performance

CHAD traded up $0.10 during trading on Friday, hitting $9.90. The stock had a trading volume of 32,984 shares, compared to its average volume of 37,324. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 12 month low of $6.80 and a 12 month high of $9.90. The company has a 50 day simple moving average of $12.39 and a 200-day simple moving average of $16.94.

Key Direxion Daily CSI 300 China A Share Bear 1X Shares News

Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:

• Neutral Sentiment: CHAD declared a distribution of $0.0061 per share. Most notices list November 27 as the record and ex-dividend date, with payment scheduled for November 30. Other duplicate entries cite November 2–4 or November 25–27, so investors should verify the final dates with Direxion or their broker.
• Neutral Sentiment: One report refers to a separate security, DeFi Development Corp.’s Series C preferred stock, which also uses the ticker CHAD and became available on Robinhood. That announcement does not concern the Direxion China bear ETF and should not be used to assess this fund.
• Negative Sentiment: Several reports state that the $0.0061 distribution is a 92.3% decrease from a prior $0.0794 payment, which could weigh on income-oriented sentiment. However, other entries compare it with $0.0052 and describe a 19% increase, indicating unreliable or conflicting dividend-history data. The distribution is small relative to CHAD’s share price and is unlikely to be a major price driver.

About Direxion Daily CSI 300 China A Share Bear 1X Shares

The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.