Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Short Interest Down 42.9% in August

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 5,931 shares, a drop of 42.9% from the July 30th total of 10,379 shares. Approximately 4.9% of the shares of the company are short sold. Based on an average daily volume of 12,401 shares, the short-interest ratio is currently 0.5 days.

Direxion Daily QCOM Bear 1X ETF Stock Performance

Shares of NASDAQ:QCMD traded up $0.52 on Tuesday, hitting $18.08. 9,507 shares of the company were exchanged, compared to its average volume of 25,905. The firm’s 50 day moving average price is $17.72. Direxion Daily QCOM Bear 1X ETF has a one year low of $12.57 and a one year high of $29.55.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.1268 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.51 dividend on an annualized basis and a dividend yield of 2.8%.