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

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 29,889 shares, an increase of 294.8% from the June 15th total of 7,571 shares. Based on an average trading volume of 35,100 shares, the short-interest ratio is presently 0.9 days. Approximately 29.9% of the shares of the company are short sold.

Direxion Daily QCOM Bear 1X ETF Trading Up 2.7%

Shares of NASDAQ:QCMD traded up $0.45 during trading on Tuesday, hitting $16.97. 18,998 shares of the company traded hands, compared to its average volume of 26,982. The stock has a fifty day simple moving average of $15.41. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given 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 yield of 3.0%.

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