Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 2,658 shares, a decline of 79.8% from the May 14th total of 13,136 shares. Based on an average daily volume of 58,103 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.7% of the company’s stock are sold short.
Direxion Daily QCOM Bear 1X ETF Price Performance
Shares of QCMD traded down $1.01 during midday trading on Thursday, reaching $15.49. 26,527 shares of the stock were exchanged, compared to its average volume of 27,109. Direxion Daily QCOM Bear 1X ETF has a 12-month low of $12.57 and a 12-month high of $29.55. The business has a 50 day simple moving average of $20.29.
Direxion Daily QCOM Bear 1X ETF Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1277 per share. This represents a $0.51 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, March 24th.
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