Direxion Daily GOOGL Bear 1X ETF (NASDAQ:GGLS) to Issue Dividend Increase – $0.38 Per Share

Direxion Daily GOOGL Bear 1X ETF (NASDAQ:GGLS) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be given a dividend of 0.3754 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 13.0% increase from Direxion Daily GOOGL Bear 1X ETF’s previous quarterly dividend of $0.33.

Direxion Daily GOOGL Bear 1X ETF Price Performance

Shares of NASDAQ:GGLS traded up $0.26 during mid-day trading on Tuesday, reaching $56.99. 77,791 shares of the company’s stock were exchanged, compared to its average volume of 1,109,230. The business’s fifty day moving average price is $58.61 and its 200-day moving average price is $60.07. Direxion Daily GOOGL Bear 1X ETF has a twelve month low of $50.65 and a twelve month high of $91.75.

Direxion Daily GOOGL Bear 1X ETF Company Profile

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.