Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS) Shares Down 1.3% – Here’s Why

Posted by ABMN Staff on Jul 15th, 2026

Shares of Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS – Get Free Report) fell 1.3% on Tuesday . The company traded as low as $7.44 and last traded at $7.60. 13,579,762 shares traded hands during trading, an increase of 218% from the average session volume of 4,274,856 shares. The stock had previously closed at $7.70.

Direxion Daily AVGO Bear 1X Shares Trading Down 1.3%

The company has a 50-day moving average price of $7.57 and a two-hundred day moving average price of $8.77.

Direxion Daily AVGO Bear 1X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.0358 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.14 annualized dividend and a yield of 1.9%.

Institutional Trading of Direxion Daily AVGO Bear 1X Shares

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in Direxion Daily AVGO Bear 1X Shares in the 2nd quarter valued at $1,019,000. AFG Fiduciary Services Limited Partnership bought a new position in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth $128,000. Genesis Financial Group LLC bought a new position in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth $1,868,000. MWA Asset Management bought a new position in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth $118,000. Finally, IMC Chicago LLC purchased a new stake in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth $2,394,000.

Direxion Daily AVGO Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.