Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) announced a dividend on Thursday, September 17th. Stockholders of record on Friday, October 30th will be given a dividend of 0.0052 per share on Monday, November 2nd. The ex-dividend date is Friday, October 30th.
Direxion Daily CSI 300 China A Share Bear 1X Shares Price Performance
Shares of CHAD stock traded down $0.14 during trading hours on Friday, reaching $8.74. 19,854 shares of the stock were exchanged, compared to its average volume of 34,419. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 12-month low of $6.80 and a 12-month high of $9.09. The company’s 50-day moving average price is $17.63 and its 200-day moving average price is $18.77.
Direxion Daily CSI 300 China A Share Bear 1X Shares News Summary
Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:
- Neutral Sentiment: The fund declared a small cash distribution of $0.0052 per share, payable November 2, 2026, to shareholders of record October 30, with October 30 listed as the ex-dividend date. Because the payment is minimal relative to the fund’s share price, it is unlikely to materially influence investor demand.
- Neutral Sentiment: The supplied reports largely repeat the same dividend announcement. However, earlier entries cite a different distribution of $0.0794 per share, including one report listing a September 30 ex-dividend date and October 1 payment date. Investors should verify the official distribution details with Direxion or the exchange because the conflicting figures may reflect duplicate or corrected data.
- Negative Sentiment: CHAD is an inverse ETF designed to rise when the CSI 300 China A Share Index declines. Therefore, strength in Chinese A-share stocks would generally pressure CHAD, while the dividend news itself offers little support. The fund’s lower trading level is more likely tied to movements in its underlying index and broader China-market sentiment.
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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