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

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) announced a dividend on Thursday, October 22nd. Stockholders of record on Friday, November 27th will be given a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Up 1.0%

Shares of CHAD traded up $0.10 during mid-day trading on Friday, reaching $9.90. The company had a trading volume of 32,965 shares, compared to its average volume of 37,283. The company’s 50 day simple moving average is $12.58 and its 200 day simple moving average is $16.99. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 1-year low of $6.80 and a 1-year high of $9.90.

Trending Headlines about Direxion Daily CSI 300 China A Share Bear 1X Shares

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. Reported record and ex-dividend dates vary across the duplicate notices, including November 3, November 4, November 25, November 27, and November 30, so investors should verify the applicable date with Direxion or their broker.
• Negative Sentiment: Several reports compare the $0.0061 distribution with a prior $0.0794 payment, describing a roughly 92.3% decrease. That sharp reduction may weigh on income-oriented sentiment, although distributions from an inverse ETF can fluctuate substantially and do not represent operating earnings.
• Neutral Sentiment: Other notices compare the distribution with a prior $0.0052 payment and describe a 19% increase, suggesting the news feed may be combining multiple distribution records or contains inconsistent dates. This conflicting information limits the dividend’s usefulness as a trading signal.

Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile

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.