Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 29,889 shares, a growth of 294.8% from the June 15th total of 7,571 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is currently 0.9 days. Approximately 29.9% of the company’s stock are short sold.
Direxion Daily QCOM Bear 1X ETF Stock Performance
NASDAQ:QCMD traded up $0.50 on Monday, reaching $16.57. 18,489 shares of the stock traded hands, compared to its average volume of 27,046. Direxion Daily QCOM Bear 1X ETF has a 12 month low of $12.57 and a 12 month high of $29.55. The stock’s fifty day moving average is $15.41.
Direxion Daily QCOM Bear 1X ETF Dividend Announcement
The company also recently declared 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. The ex-dividend date was Tuesday, June 23rd. This represents a $0.51 dividend on an annualized basis and a dividend yield of 3.1%.
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