Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report)’s share price rose 0.1% during trading on Thursday . The stock traded as high as $16.33 and last traded at $16.27. 324,985 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 468,696 shares. The stock had previously closed at $16.26.
Direxion Daily META Bear 1X Shares Trading Up 0.1%
The firm has a fifty day moving average price of $16.44 and a two-hundred day moving average price of $16.25.
Direxion Daily META Bear 1X Shares Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.0977 dividend. This represents a $0.39 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Tuesday, June 23rd.
Institutional Investors Weigh In On Direxion Daily META Bear 1X Shares
About Direxion Daily META Bear 1X Shares
The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.
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