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) shares crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty 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.

Direxion Daily QCOM Bear 1X ETF Price Performance

The stock’s fifty day simple moving average is $16.34 and its two-hundred day simple moving average is $18.44.

Direxion Daily QCOM Bear 1X ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 22nd were given a dividend of $0.1138 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This is a drop 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 yield of 2.8%.

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