Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Stock Short Interest Rises 346.7%

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 32,018 shares, an increase of 346.7% from the October 15th total of 7,168 shares. Currently, 26.7% of the shares of the company are short sold. Based on an average daily trading volume, of 8,262 shares, the days-to-cover ratio is currently 3.9 days.

Direxion Daily QCOM Bear 1X ETF Stock Up 3.2%

Shares of QCMD stock traded up $0.50 during mid-day trading on Friday, hitting $16.35. The stock had a trading volume of 5,902 shares, compared to its average volume of 25,827. 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 company’s 50-day simple moving average is $16.26 and its 200-day simple moving average is $18.41.

Direxion Daily QCOM Bear 1X ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 22nd were paid a dividend of $0.1138 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.8%. This is a negative change from Direxion Daily QCOM Bear 1X ETF’s previous quarterly dividend of $0.1268. The ex-dividend date was Tuesday, September 22nd.

Direxion Daily QCOM Bear 1X ETF Company Profile

The Direxion Daily QCOM Bear 1X ETF (QCMD) is an exchange-traded fund that is based on the QUALCOMM Incorporated index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of QUALCOMM, Inc. stock. QCMD was launched on Jun 25, 2025 and is issued by Direxion.