Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Sees Significant Decline in Short Interest

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,931 shares, a decrease of 42.9% from the July 30th total of 10,379 shares. Based on an average daily trading volume, of 12,401 shares, the days-to-cover ratio is currently 0.5 days. Currently, 4.9% of the shares of the stock are sold short.

Direxion Daily QCOM Bear 1X ETF Stock Performance

Shares of Direxion Daily QCOM Bear 1X ETF stock traded up $0.07 during trading on Friday, hitting $18.24. 13,018 shares of the company’s stock traded hands, compared to its average volume of 26,124. The business’s fifty day simple moving average is $17.65. Direxion Daily QCOM Bear 1X ETF has a twelve month low of $12.57 and a twelve month high of $29.55.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.1268 dividend. This represents a $0.51 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 23rd.

Further Reading

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