Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) to Issue Quarterly Dividend of $0.10

Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.0986 per share on Tuesday, April 1st. This represents a $0.39 annualized dividend and a dividend yield of 2.97%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily GOOGL Bear 1X Shares Stock Down 2.6 %

Shares of GGLS traded down $0.35 during mid-day trading on Tuesday, hitting $13.29. 50,008 shares of the company’s stock were exchanged, compared to its average volume of 53,553. The stock’s 50-day moving average is $12.67 and its 200-day moving average is $13.23. Direxion Daily GOOGL Bear 1X Shares has a fifty-two week low of $11.14 and a fifty-two week high of $16.17.

Direxion Daily GOOGL Bear 1X Shares Company Profile

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.