Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $16.53 and traded as high as $17.45. Direxion Daily QCOM Bear 1X ETF shares last traded at $17.33, with a volume of 15,220 shares trading hands.

Direxion Daily QCOM Bear 1X ETF Price Performance

The business’s 50-day simple moving average is $16.53 and its two-hundred day simple moving average is $18.50.

Direxion Daily QCOM Bear 1X ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were paid a dividend of $0.1138 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This is a negative change from Direxion Daily QCOM Bear 1X ETF’s previous quarterly dividend of $0.1268. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.6%.

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