Direxion Daily CSI 300 China A Share Bear 1X Shares Announces Dividend of $0.01 (NYSEARCA:CHAD)
by Amy Steele · The Cerbat GemDirexion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) declared a dividend on Thursday, September 17th. Investors of record on Friday, October 30th will be paid a dividend of 0.0052 per share on Monday, November 2nd. The ex-dividend date of this dividend is Friday, October 30th.
Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Down 5.2%
Direxion Daily CSI 300 China A Share Bear 1X Shares stock traded down $0.47 during midday trading on Friday, hitting $8.43. 73,624 shares of the company’s stock were exchanged, compared to its average volume of 41,108. The firm has a 50-day moving average of $17.63 and a two-hundred day moving average of $18.77. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 12 month low of $6.80 and a 12 month high of $9.09.
Key Direxion Daily CSI 300 China A Share Bear 1X Shares News
Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:
- Neutral Sentiment: Multiple entries repeat the same dividend announcement: CHAD will pay $0.0052 per share on November 2, 2026, to investors of record on October 30, with October 30 listed as the ex-dividend date. Because the payment is very small, it is unlikely to materially influence the fund’s trading today.
- Neutral Sentiment: One earlier notice reported a separate $0.0794 per-share distribution, with a September 30 ex-dividend date and October 1 payment date, while other entries listed $0.0794 with October 30 and November 2 dates. The conflicting notices may reflect a data or corporate-action update, so investors should verify the official distribution details with Direxion or the exchange.
- Negative Sentiment: CHAD is an inverse fund designed to move opposite the CSI 300 China A Share Index. Therefore, absent another catalyst, weakness in CHAD likely reflects gains or relative strength in the underlying Chinese A-share market rather than concerns about Direxion’s operations.
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.
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