Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 12,395 shares, a drop of 58.5% from the June 30th total of 29,889 shares. Approximately 12.4% of the shares of the stock are short sold. Based on an average daily volume of 27,672 shares, the short-interest ratio is presently 0.4 days.
Direxion Daily QCOM Bear 1X ETF Trading Up 1.6%
Shares of NASDAQ:QCMD traded up $0.30 during mid-day trading on Wednesday, reaching $18.86. The stock had a trading volume of 25,199 shares, compared to its average volume of 27,047. Direxion Daily QCOM Bear 1X ETF has a 1 year low of $12.57 and a 1 year high of $29.55. The business has a 50 day moving average of $15.66.
Direxion Daily QCOM Bear 1X ETF Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.1268 per share. This represents a $0.51 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 23rd.
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