Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Share Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $16.53 and traded as high as $17.45. Direxion Daily QCOM Bear 1X ETF shares last traded at $17.33, with a volume of 15,220 shares trading hands.

Direxion Daily QCOM Bear 1X ETF Price Performance

The business has a 50 day simple moving average of $16.53 and a 200-day simple moving average of $18.50.

Direxion Daily QCOM Bear 1X ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 22nd were issued a dividend of $0.1138 per share. This represents a $0.46 dividend on an annualized basis and a yield of 2.6%. This is a drop from Direxion Daily QCOM Bear 1X ETF’s previous quarterly dividend of $0.1268. The ex-dividend date was Tuesday, September 22nd.

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