Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) Announces $0.13 Quarterly Dividend

Direxion Daily XOM Bear 1X Shares (NASDAQ:XOMZ) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1277 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily XOM Bear 1X Shares Trading Down 3.2%

Shares of XOMZ traded down $0.51 during trading hours on Tuesday, hitting $15.68. The company had a trading volume of 34,421 shares, compared to its average volume of 5,702. Direxion Daily XOM Bear 1X Shares has a one year low of $15.47 and a one year high of $26.49. The company’s fifty day moving average price is $17.98 and its two-hundred day moving average price is $21.21.

Direxion Daily XOM Bear 1X Shares Company Profile

Direxion Daily XOM Bear 1X Shares is an inverse exchange-traded fund (ETF) designed to seek daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. It provides investors with the ability to profit from or hedge against declines in Exxon Mobil’s stock price on a daily basis. This ETF is intended for experienced investors who understand the risks of inverse ETFs, including daily resetting and compounding effects, and who actively manage their positions.