Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $16.34 and traded as low as $16.12. Direxion Daily QCOM Bear 1X ETF shares last traded at $16.22, with a volume of 132,208 shares trading hands.

Direxion Daily QCOM Bear 1X ETF Stock Performance

The stock has a 50 day moving average price of $16.34 and a two-hundred day moving average price of $18.44.

Direxion Daily QCOM Bear 1X ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were given a $0.1138 dividend. This is a negative change from Direxion Daily QCOM Bear 1X ETF’s previous quarterly dividend of $0.1268. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd.

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