Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Declares $0.01 Dividend
by Sarita Garza · The Markets DailyDirexion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) announced a dividend on Monday, September 21st. Shareholders 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 Price Performance
Direxion Daily CSI 300 China A Share Bear 1X Shares stock traded up $0.03 during mid-day trading on Tuesday, reaching $8.82. 48,644 shares of the company’s stock traded hands, compared to its average volume of 42,694. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 12-month low of $6.80 and a 12-month high of $9.15. The stock has a 50 day moving average of $17.19 and a two-hundred day moving average of $18.62.
More 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:
- Positive Sentiment: CHAD declared a $0.0052-per-share dividend, payable November 2 to shareholders of record October 30. The distribution provides a small cash return to holders, although its size is unlikely to materially influence the fund’s price. Direxion Daily CSI 300 China A Share Bear 1X Shares Announces $0.01 Dividend
- Neutral Sentiment: The fund is designed to deliver inverse daily exposure to the CSI 300 Index, so its performance is primarily driven by movements in Chinese large-cap stocks rather than the dividend announcement. The repeated reports appear to be duplicate postings of the same distribution information.
- Neutral Sentiment: Some older entries list different record, ex-dividend, and payment dates, suggesting possible data inconsistencies. Investors should rely on the latest consistent schedule—October 30 ex-dividend and record date, with payment on November 2—until the fund sponsor confirms otherwise.
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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