Flow Traders U.S. LLC Acquires Shares of 17,944 Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD)

Flow Traders U.S. LLC bought a new position in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) during the third quarter, HoldingsChannel.com reports. The fund bought 17,944 shares of the company’s stock, valued at approximately $295,000.

Separately, Sterling Investment Advisors Ltd. purchased a new position in Direxion Daily AAPL Bear 1X Shares in the 3rd quarter worth approximately $197,000.

Direxion Daily AAPL Bear 1X Shares Trading Down 0.1 %

Shares of AAPD opened at $15.84 on Friday. The business’s fifty day simple moving average is $16.69 and its two-hundred day simple moving average is $17.49. Direxion Daily AAPL Bear 1X Shares has a 12 month low of $15.76 and a 12 month high of $23.72.

Direxion Daily AAPL Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.1472 per share. The ex-dividend date was Tuesday, September 24th. This represents a $0.59 annualized dividend and a dividend yield of 3.72%.

About Direxion Daily AAPL Bear 1X Shares

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.