Shares of Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $16.34 and traded as low as $16.12. Direxion Daily QCOM Bear 1X ETF shares last traded at $16.22, with a volume of 132,208 shares trading hands.
Direxion Daily QCOM Bear 1X ETF Stock Down 0.6%
The firm’s 50 day moving average is $16.26 and its two-hundred day moving average is $18.41.
Direxion Daily QCOM Bear 1X ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors 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 annualized dividend and a dividend yield of 2.9%.
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