Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 29,889 shares, a growth of 294.8% from the June 15th total of 7,571 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 29.9% of the shares of the company are short sold.
Direxion Daily QCOM Bear 1X ETF Trading Up 3.1%
QCMD traded up $0.50 during mid-day trading on Monday, reaching $16.57. 18,489 shares of the company traded hands, compared to its average volume of 27,046. The stock’s fifty day moving average is $15.41. Direxion Daily QCOM Bear 1X ETF has a 52-week low of $12.57 and a 52-week high of $29.55.
Direxion Daily QCOM Bear 1X ETF Announces Dividend
The company also recently declared 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 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, June 23rd.
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