Direxion Daily BRKB Bear 1X Shares (NASDAQ:BRKD – Get Free Report)’s stock price shot up 0.3% during trading on Monday after the company announced a dividend. The company traded as high as $24.34 and last traded at $24.32. 1,878 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 1,605 shares. The stock had previously closed at $24.24.
The newly announced dividend which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be issued a dividend of $0.1348 per share. The ex-dividend date of this dividend is Tuesday, March 24th. This is an increase from Direxion Daily BRKB Bear 1X Shares’s previous quarterly dividend of $0.12. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.2%.
Direxion Daily BRKB Bear 1X Shares Stock Up 0.5%
The stock has a 50-day simple moving average of $23.74 and a 200 day simple moving average of $23.46.
Institutional Trading of Direxion Daily BRKB Bear 1X Shares
Direxion Daily BRKB Bear 1X Shares Company Profile
The Direxion Daily BRKB Bear 1X Shares (BRKD) is an exchange-traded fund that mostly invests in industrials equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKD was launched on Dec 11, 2024 and is issued by Direxion.
Further Reading
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