Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Sees Large Increase in Short Interest

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 7,571 shares, an increase of 184.8% from the May 31st total of 2,658 shares. Approximately 7.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 34,681 shares, the short-interest ratio is presently 0.2 days.

Direxion Daily QCOM Bear 1X ETF Trading Up 1.5%

Shares of NASDAQ QCMD traded up $0.25 during mid-day trading on Tuesday, hitting $16.42. 32,271 shares of the stock were exchanged, compared to its average volume of 27,266. Direxion Daily QCOM Bear 1X ETF has a twelve month low of $12.57 and a twelve month high of $29.55. The firm’s fifty day moving average price is $17.05.

Direxion Daily QCOM Bear 1X ETF Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be issued a dividend of $0.1268 per share. This represents a $0.51 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Featured Articles

Receive News & Ratings for Direxion Daily QCOM Bear 1X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily QCOM Bear 1X ETF and related companies with MarketBeat.com's FREE daily email newsletter.