Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Short Interest Up 184.8% in June

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,571 shares, an increase of 184.8% from the May 31st total of 2,658 shares. Currently, 7.6% of the company’s shares are sold short. Based on an average daily volume of 34,681 shares, the days-to-cover ratio is presently 0.2 days.

Direxion Daily QCOM Bear 1X ETF Stock Down 0.9%

NASDAQ QCMD traded down $0.14 during trading on Monday, hitting $15.98. 16,749 shares of the company’s stock traded hands, compared to its average volume of 27,180. The business’s fifty day moving average price is $17.27. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be paid a $0.1268 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 23rd.