Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD) Sees Significant Growth in Short Interest

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

Direxion Daily QCOM Bear 1X ETF Trading Up 2.8%

Shares of NASDAQ QCMD opened at $16.30 on Friday. The company has a 50-day simple moving average of $16.24 and a 200-day simple moving average of $18.39. 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 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 22nd were given a dividend of $0.1138 per share. This represents a $0.46 dividend on an annualized basis and a yield of 2.8%. This is a decrease 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.