Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXS) Trading 1.1% Higher – Time to Buy?

Direxion Daily NFLX Bear 1X Shares (NASDAQ:NFXSGet Free Report) shares shot up 1.1% during mid-day trading on Thursday . The stock traded as high as $20.92 and last traded at $20.85. 43,682 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 56,882 shares. The stock had previously closed at $20.62.

Direxion Daily NFLX Bear 1X Shares Stock Performance

The stock’s 50 day moving average is $20.49 and its two-hundred day moving average is $18.71.

Direxion Daily NFLX Bear 1X Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.1489 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Trading of Direxion Daily NFLX Bear 1X Shares

Hedge funds and other institutional investors have recently bought and sold shares of the business. Optiver Holding B.V. lifted its position in shares of Direxion Daily NFLX Bear 1X Shares by 33.8% during the 1st quarter. Optiver Holding B.V. now owns 35,084 shares of the company’s stock worth $575,000 after buying an additional 8,854 shares during the last quarter. StoneX Group Inc. acquired a new stake in Direxion Daily NFLX Bear 1X Shares during the 2nd quarter worth $189,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily NFLX Bear 1X Shares during the fourth quarter worth about $351,000. Jane Street Group LLC purchased a new stake in shares of Direxion Daily NFLX Bear 1X Shares in the 1st quarter valued at about $655,000. Finally, Wakefield Asset Management LLLP acquired a new stake in shares of Direxion Daily NFLX Bear 1X Shares in the 4th quarter valued at about $990,000.

Direxion Daily NFLX Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily NFLX Bear 1X Shares (NFXS) is an exchange-traded fund that mostly invests in communication services equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXS was launched on Oct 3, 2024 and is issued by Direxion.

See Also

Receive News & Ratings for Direxion Daily NFLX Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily NFLX Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.