Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 13,136 shares, a drop of 61.0% from the April 30th total of 33,667 shares. Currently, 13.1% of the company’s shares are sold short. Based on an average daily trading volume, of 131,702 shares, the days-to-cover ratio is presently 0.1 days.
Direxion Daily QCOM Bear 1X ETF Stock Performance
Shares of QCMD stock opened at $13.04 on Friday. Direxion Daily QCOM Bear 1X ETF has a fifty-two week low of $12.57 and a fifty-two week high of $29.55. The stock has a 50 day simple moving average of $22.62.
Direxion Daily QCOM Bear 1X ETF Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a $0.1277 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, March 24th.
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