Shares of Direxion Daily Real Estate Bear 3x Shares (NYSEARCA:DRV) dropped 2.3% on Monday . The stock traded as low as $25.83 and last traded at $25.83, approximately 955 shares changed hands during mid-day trading. A decline of 93% from the average daily volume of 13,343 shares. The stock had previously closed at $26.44.
The firm’s 50 day moving average price is $27.13 and its two-hundred day moving average price is $28.18.
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th were paid a $0.0327 dividend. The ex-dividend date was Monday, December 23rd. This represents a $0.13 annualized dividend and a dividend yield of 0.51%.
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