Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Short Interest Update

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,440,000 shares, an increase of 28.6% from the February 13th total of 1,120,000 shares. Based on an average daily trading volume, of 273,300 shares, the short-interest ratio is currently 5.3 days. Currently, 10.3% of the shares of the stock are sold short.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 1.0 %

Shares of QQQE opened at $88.65 on Wednesday. The firm’s 50-day moving average is $92.82 and its two-hundred day moving average is $91.83. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $81.45 and a twelve month high of $97.98. The firm has a market capitalization of $1.24 billion, a P/E ratio of 26.94 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Direxion NASDAQ-100 Equal Weighted Index Shares

A number of institutional investors have recently bought and sold shares of QQQE. Dana Investment Advisors Inc. raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.5% in the fourth quarter. Dana Investment Advisors Inc. now owns 7,394 shares of the company’s stock worth $664,000 after acquiring an additional 112 shares during the last quarter. Kaydan Wealth Management Inc. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the 4th quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock worth $216,000 after purchasing an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock valued at $396,000 after purchasing an additional 139 shares in the last quarter. Beck Capital Management LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the 3rd quarter. Beck Capital Management LLC now owns 21,772 shares of the company’s stock worth $1,964,000 after purchasing an additional 158 shares during the last quarter. Finally, Flagstar Advisors Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% during the fourth quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company’s stock worth $1,145,000 after buying an additional 170 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

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.