Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Short Interest Up 294.8% in June

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet 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%.

See Also

Receive News & Ratings for Direxion Daily QCOM Bear 1X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily QCOM Bear 1X ETF and related companies with MarketBeat.com's FREE daily email newsletter.