Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 33,667 shares, an increase of 885.6% from the April 15th total of 3,416 shares. Currently, 33.7% of the shares of the stock are sold short. Based on an average trading volume of 50,909 shares, the short-interest ratio is currently 0.7 days.
Direxion Daily QCOM Bear 1X ETF Price Performance
Shares of NASDAQ QCMD traded down $0.20 during midday trading on Wednesday, hitting $15.82. The stock had a trading volume of 52,649 shares, compared to its average volume of 21,735. Direxion Daily QCOM Bear 1X ETF has a fifty-two week low of $13.74 and a fifty-two week 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, March 31st. Investors of record on Tuesday, March 24th were paid a dividend of $0.1277 per share. This represents a $0.51 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 24th.
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