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

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,801 shares, a decline of 69.6% from the August 15th total of 5,931 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 10,366 shares, the days-to-cover ratio is currently 0.2 days.

Direxion Daily QCOM Bear 1X ETF Stock Down 2.7%

Shares of QCMD traded down $0.46 during trading hours on Friday, reaching $16.35. The stock had a trading volume of 13,655 shares, compared to its average volume of 25,619. The stock’s 50-day moving average is $17.91. Direxion Daily QCOM Bear 1X ETF has a 12 month low of $12.57 and a 12 month high of $29.55.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.1268 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Featured Stories

Receive News & Ratings for Direxion Daily QCOM Bear 1X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily QCOM Bear 1X ETF and related companies with MarketBeat.com's FREE daily email newsletter.