Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Short Interest Down 42.9% in August

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 5,931 shares, a drop of 42.9% from the July 30th total of 10,379 shares. Currently, 4.9% of the company’s stock are short sold. Based on an average trading volume of 12,401 shares, the days-to-cover ratio is presently 0.5 days.

Direxion Daily QCOM Bear 1X ETF Price Performance

NASDAQ QCMD traded down $0.49 during trading hours on Monday, reaching $17.75. 4,974 shares of the company’s stock traded hands, compared to its average volume of 25,997. Direxion Daily QCOM Bear 1X ETF has a 52-week low of $12.57 and a 52-week high of $29.55. The business’s 50-day simple moving average is $17.65.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.1268 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.51 dividend on an annualized basis and a dividend yield of 2.9%.

Further Reading

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