Short Interest in Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD) Increases By 311.1%

Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 7,400 shares, a growth of 311.1% from the August 31st total of 1,800 shares. Based on an average daily volume of 72,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 72,300 shares, the short-interest ratio is currently 0.1 days.

Direxion Daily Magnificent 7 Bear 1X Shares Stock Performance

QQQD stock opened at $13.56 on Friday. The company has a 50 day moving average price of $14.33 and a 200 day moving average price of $16.53. Direxion Daily Magnificent 7 Bear 1X Shares has a fifty-two week low of $13.31 and a fifty-two week high of $23.18.

Direxion Daily Magnificent 7 Bear 1X Shares Company Profile

The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD) is an exchange-traded fund that is based on the Indxx Front of the Q index. The fund tracks -1x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies. QQQD was launched on Mar 7, 2024 and is issued by Direxion.