2x Solana ETF Announces Monthly Dividend of $0.06 (NASDAQ:SOLT)

2x Solana ETF (NASDAQ:SOLT) announced a monthly dividend on Tuesday, May 19th, NASDAQ Dividends reports. Investors of record on Wednesday, May 20th will be given a dividend of 0.0578 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, May 20th.

2x Solana ETF Stock Performance

Shares of SOLT traded up $1.90 during mid-day trading on Wednesday, hitting $47.31. 298,162 shares of the company traded hands, compared to its average volume of 687,536. 2x Solana ETF has a 1-year low of $38.62 and a 1-year high of $706.00. The business has a 50 day moving average of $49.98 and a 200 day moving average of $104.52.

2x Solana ETF Company Profile

The 2x Solana ETF (SOLT) is an exchange-traded fund managed by Volatility Shares, a U.S.-based investment management firm. This ETF seeks to provide investors with twice the daily exposure to Solana’s price movements through leveraged strategies, without the need for direct cryptocurrency ownership. It is designed for sophisticated investors seeking tactical cryptocurrency trading opportunities who understand the amplified risks associated with leveraged exposure.