Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 13,200 shares, a drop of 40.8% from the October 31st total of 22,300 shares. Based on an average trading volume of 47,100 shares, the short-interest ratio is presently 0.3 days.
Direxion Daily META Bear 1X Shares Stock Performance
Shares of METD stock traded up $0.17 during trading on Thursday, reaching $20.64. The company had a trading volume of 29,568 shares, compared to its average volume of 40,034. The stock has a 50 day moving average price of $20.42. Direxion Daily META Bear 1X Shares has a one year low of $19.46 and a one year high of $26.62.
Direxion Daily META Bear 1X Shares Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were given a $0.1849 dividend. This is an increase from Direxion Daily META Bear 1X Shares’s previous quarterly dividend of $0.05. This represents a $0.74 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend was Tuesday, September 24th.
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