2x Solana ETF (NASDAQ:SOLT) Plans Monthly Dividend of $0.01

by · The Cerbat Gem

2x Solana ETF (NASDAQ:SOLT – Get Free Report) announced a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.0082 per share on Thursday, January 22nd. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, January 21st. This is a 105.0% increase from 2x Solana ETF’s previous monthly dividend of $0.004.

2x Solana ETF Stock Up 5.4%

Shares of SOLT traded up $0.35 during midday trading on Wednesday, hitting $6.87. 13,802,669 shares of the company traded hands, compared to its average volume of 11,704,141. The firm has a 50 day moving average of $7.67 and a 200-day moving average of $16.40. 2x Solana ETF has a 52 week low of $5.73 and a 52 week high of $35.30.

Institutional Trading of 2x Solana ETF

A number of large investors have recently added to or reduced their stakes in SOLT. Highline Wealth Partners LLC purchased a new stake in 2x Solana ETF during the 2nd quarter valued at $43,000. IFP Advisors Inc bought a new position in 2x Solana ETF during the third quarter valued at $86,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of 2x Solana ETF in the second quarter valued at $238,000.

About 2x Solana ETF

(Get Free Report)

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.

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