Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, a drop of 100.0% from the March 15th total of 1,030,000 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 0.1 days.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 1.7 %
Direxion NASDAQ-100 Equal Weighted Index Shares stock traded down $1.47 during trading hours on Wednesday, reaching $86.86. 354,882 shares of the stock were exchanged, compared to its average volume of 186,308. The company has a market cap of $1.22 billion, a P/E ratio of 20.91 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $69.04 and a twelve month high of $89.86. The stock has a 50 day moving average of $87.80 and a two-hundred day moving average of $82.11.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.1907 per share. The ex-dividend date was Tuesday, March 19th. This represents a $0.76 dividend on an annualized basis and a yield of 0.88%.
Institutional Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
A number of large investors have recently bought and sold shares of the company. Wolff Wiese Magana LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at approximately $26,000. TD Capital Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% in the 4th quarter. FNY Investment Advisers LLC now owns 385 shares of the company's stock valued at $32,000 after purchasing an additional 315 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 130.0% in the 1st quarter. Tower Research Capital LLC TRC now owns 736 shares of the company's stock valued at $53,000 after purchasing an additional 416 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 201.7% in the 3rd quarter. CENTRAL TRUST Co now owns 908 shares of the company's stock valued at $55,000 after purchasing an additional 607 shares in 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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