Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 1,480,000 shares, an increase of 27.6% from the November 30th total of 1,160,000 shares. Based on an average daily trading volume, of 264,200 shares, the days-to-cover ratio is currently 5.6 days.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.4 %
QQQE stock traded down $0.38 during midday trading on Tuesday, hitting $89.77. The company's stock had a trading volume of 460,740 shares, compared to its average volume of 251,280. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The firm has a 50-day simple moving average of $92.74 and a 200-day simple moving average of $90.15. The firm has a market capitalization of $1.28 billion, a P/E ratio of 28.84 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a $0.2402 dividend. The ex-dividend date of this dividend is Monday, December 23rd.
Institutional Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company's stock worth $82,000 after acquiring an additional 787 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth $317,000. Frisch Financial Group Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% during the third quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company's stock worth $17,116,000 after purchasing an additional 8,099 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth $263,000. Finally, National Bank of Canada FI increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the third quarter. National Bank of Canada FI now owns 2,017 shares of the company's stock valued at $182,000 after buying an additional 374 shares during the last quarter.
About Direxion NASDAQ-100 Equal Weighted Index Shares
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Get Free Report)
The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQQE was launched on Mar 21, 2012 and is managed by Direxion.
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