Direxion Daily Magnificent 7 Bear 1X ETF (NYSEARCA:QQQD) Short Interest Update

Direxion Daily Magnificent 7 Bear 1X ETF (NYSEARCA:QQQD) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 30,489 shares, an increase of 89.3% from the August 31st total of 16,106 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average trading volume of 33,244 shares, the days-to-cover ratio is presently 0.9 days.

Direxion Daily Magnificent 7 Bear 1X ETF Stock Performance

NYSEARCA:QQQD opened at $11.84 on Tuesday. Direxion Daily Magnificent 7 Bear 1X ETF has a fifty-two week low of $11.52 and a fifty-two week high of $15.52. The company has a fifty day moving average of $12.46 and a two-hundred day moving average of $12.95.

About Direxion Daily Magnificent 7 Bear 1X ETF

The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD) is an exchange-traded fund that is based on the Indxx Front of the Q index. The fund tracks -1x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies. QQQD was launched on Mar 7, 2024 and is issued by Direxion.