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

by · The Cerbat Gem

Direxion Daily META Bear 1X Shares (NASDAQ:METD – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 8,900 shares, a decline of 21.9% from the November 30th total of 11,400 shares. Based on an average daily volume of 50,700 shares, the days-to-cover ratio is presently 0.2 days.

Direxion Daily META Bear 1X Shares Price Performance

Shares of METD traded up $0.12 during trading hours on Friday, hitting $19.34. The company had a trading volume of 21,121 shares, compared to its average volume of 41,581. The business has a fifty day moving average of $19.97 and a 200-day moving average of $21.72. Direxion Daily META Bear 1X Shares has a 12 month low of $18.37 and a 12 month high of $26.62.

Direxion Daily META Bear 1X Shares Announces Dividend

The business also recently declared 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 is Monday, December 23rd.

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