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 target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 12,395 shares, a decrease of 58.5% from the June 30th total of 29,889 shares. Currently, 12.4% of the company’s stock are short sold. Based on an average trading volume of 27,672 shares, the short-interest ratio is currently 0.4 days.

Direxion Daily QCOM Bear 1X ETF Trading Up 0.4%

Shares of QCMD stock opened at $18.23 on Monday. The firm has a 50 day moving average of $15.60. Direxion Daily QCOM Bear 1X ETF has a twelve month low of $12.57 and a twelve month high of $29.55.

Direxion Daily QCOM Bear 1X ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.1268 per share. This represents a $0.51 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, June 23rd.

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