Direxion Daily META Bear 1X Shares (NASDAQ:METD) Sees Significant Decrease in Short Interest

Direxion Daily META Bear 1X Shares (NASDAQ:METDGet Free Report) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 8,900 shares, a drop of 21.9% from the November 30th total of 11,400 shares. Based on an average trading volume of 50,700 shares, the short-interest ratio is presently 0.2 days.

Direxion Daily META Bear 1X Shares Price Performance

Shares of NASDAQ:METD traded up $0.29 during midday trading on Monday, hitting $19.63. The stock had a trading volume of 24,970 shares, compared to its average volume of 41,468. Direxion Daily META Bear 1X Shares has a 12 month low of $18.37 and a 12 month high of $26.62. The business’s 50-day simple moving average is $19.97 and its 200-day simple moving average is $21.71.

Direxion Daily META Bear 1X Shares Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a $0.2228 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

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