Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 16,156 shares, an increase of 92.2% from the September 15th total of 8,404 shares. Based on an average trading volume of 21,185 shares, the short-interest ratio is presently 0.8 days. Approximately 9.5% of the shares of the stock are short sold.
Direxion Daily QCOM Bear 1X ETF Stock Up 3.5%
QCMD stock traded up $0.57 during mid-day trading on Friday, reaching $16.79. The company’s stock had a trading volume of 21,843 shares, compared to its average volume of 24,620. The company’s 50 day moving average is $16.95 and its two-hundred day moving average is $18.26. Direxion Daily QCOM Bear 1X ETF has a fifty-two week low of $12.57 and a fifty-two week high of $29.55.
Direxion Daily QCOM Bear 1X ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were given a $0.1138 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.7%. This is a drop from Direxion Daily QCOM Bear 1X ETF’s previous quarterly dividend of $0.1268. The ex-dividend date was Tuesday, September 22nd.
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