Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) was the target of a large growth in short interest in 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. Currently, 29.9% of the shares of the stock are short sold. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is presently 0.9 days.
Direxion Daily QCOM Bear 1X ETF Stock Up 3.1%
Shares of NASDAQ QCMD traded up $0.50 during midday trading on Monday, hitting $16.57. The company had a trading volume of 18,489 shares, compared to its average volume of 27,046. Direxion Daily QCOM Bear 1X ETF has a twelve month low of $12.57 and a twelve month high of $29.55. The firm has a 50-day simple moving average of $15.41.
Direxion Daily QCOM Bear 1X ETF Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a $0.1268 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.51 dividend on an annualized basis and a yield of 3.1%.
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