Short Interest in Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Declines By 58.5%

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMDGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 12,395 shares, a decline of 58.5% from the June 30th total of 29,889 shares. Currently, 12.4% of the company’s stock are sold short. Based on an average trading volume of 27,672 shares, the days-to-cover ratio is presently 0.4 days.

Direxion Daily QCOM Bear 1X ETF Trading Up 0.4%

Shares of QCMD opened at $18.23 on Monday. The business’s fifty day simple moving average is $15.60. Direxion Daily QCOM Bear 1X ETF has a 12 month low of $12.57 and a 12 month high of $29.55.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.1268 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.51 dividend on an annualized basis and a yield of 2.8%.

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