Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totalling 33,100 shares, a growth of 2,909.1% from the July 15th total of 1,100 shares. Based on an average trading volume of 27,200 shares, the short-interest ratio is currently 1.2 days.
Direxion Daily META Bear 1X Shares Stock Performance
METD traded up $0.17 on Monday, hitting $22.88. 45,929 shares of the company were exchanged, compared to its average volume of 28,116. Direxion Daily META Bear 1X Shares has a 12 month low of $21.99 and a 12 month high of $26.62. The company has a fifty day moving average price of $23.90.
Direxion Daily META Bear 1X Shares Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were given a dividend of $0.0474 per share. This represents a $0.19 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date was Tuesday, June 25th.
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