Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) Raises Dividend to $0.06 Per Share

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTDGet Free Report) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.0572 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 24th. This is a 15.8% increase from Direxion Daily PLTR Bear 1X Shares’s previous quarterly dividend of $0.05.

Direxion Daily PLTR Bear 1X Shares Trading Up 2.9%

Direxion Daily PLTR Bear 1X Shares stock traded up $0.20 on Tuesday, hitting $7.14. The company’s stock had a trading volume of 55,813,854 shares, compared to its average volume of 55,477,637. Direxion Daily PLTR Bear 1X Shares has a one year low of $5.87 and a one year high of $21.50. The company has a fifty day moving average price of $7.65 and a 200-day moving average price of $7.07.

Institutional Trading of Direxion Daily PLTR Bear 1X Shares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PLTD. Canton Hathaway LLC bought a new position in shares of Direxion Daily PLTR Bear 1X Shares during the 4th quarter worth approximately $51,000. OLD Mission Capital LLC acquired a new position in shares of Direxion Daily PLTR Bear 1X Shares during the fourth quarter worth approximately $77,000. Headlands Technologies LLC acquired a new position in shares of Direxion Daily PLTR Bear 1X Shares during the second quarter valued at $78,000. Flow Traders U.S. LLC acquired a new position in Direxion Daily PLTR Bear 1X Shares in the second quarter valued at approximately $118,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Direxion Daily PLTR Bear 1X Shares during the third quarter worth $122,000.

About Direxion Daily PLTR Bear 1X Shares

(Get Free Report)

The Direxion Daily PLTR Bear 1X Shares (PLTD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.

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Dividend History for Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD)

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