26-Jun-2026
No press releases found.
Direxion Daily AMZN Bear 1X Shares declares quarterly distribution of $0.0623
Seeking Alpha News (Tue, 23-Jun 8:30 AM ET)
The Direxion Daily AMZN Bear 1X Shares ("Fund") seeks daily inverse investment results and is very different from most other exchange traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100 percent of the return of the common shares of Amazon.com, Inc. (NASDAQ: AMZN) ("AMZN"). This means that the return of the Fund for a period longer than a trading day will be the result of each single day's compounded return over the period, which will very likely differ from -100 Percent of the return of AMZN for that period.
Direxion Daily Amzn Bear 1X ETF trades on the NASDAQ stock market under the symbol AMZD.
As of June 26, 2026, AMZD stock price declined to $9.79 with 21,114,734 million shares trading.
AMZD has a beta of -1.84, meaning it tends to be less sensitive to market movements. AMZD has a correlation of 0.46 to the broad based SPY ETF.
AMZD has a market cap of $11.26 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, AMZD traded as high as $22.56 and as low as $8.20.
AMZD has underperformed the market in the last year with a return of -8.6%, while the SPY ETF gained +20.4%. In the last 3 month period, AMZD fell short of the market, returning -10.9%, while SPY returned +13.3%. However, in the most recent 2 weeks AMZD has outperformed the stock market by returning +3.2%, while SPY returned -1.5%.
AMZD support price is $9.71 and resistance is $10.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMZD shares will trade within this expected range on the day.