Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 13,100 shares, an increase of 54.1% from the September 30th total of 8,500 shares. Based on an average trading volume of 47,000 shares, the short-interest ratio is presently 0.3 days.
Direxion Daily META Bear 1X Shares Price Performance
NASDAQ:METD traded down $0.22 during trading hours on Friday, hitting $20.47. 11,859 shares of the stock traded hands, compared to its average volume of 35,011. Direxion Daily META Bear 1X Shares has a 1 year low of $19.46 and a 1 year high of $26.62. The firm has a 50 day moving average of $21.41.
Direxion Daily META Bear 1X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a dividend of $0.1849 per share. This is a boost from Direxion Daily META Bear 1X Shares’s previous quarterly dividend of $0.05. The ex-dividend date was Tuesday, September 24th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 3.61%.
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