Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Short Interest Update

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 10,636 shares, a decline of 79.2% from the January 15th total of 51,124 shares. Based on an average daily volume of 660,669 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 660,669 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Direxion Daily TSM Bull 2X Shares

A number of institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in Direxion Daily TSM Bull 2X Shares in the third quarter worth about $842,000. SBI Securities Co. Ltd. lifted its position in shares of Direxion Daily TSM Bull 2X Shares by 27,550.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,106 shares of the company’s stock valued at $36,000 after buying an additional 1,102 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Direxion Daily TSM Bull 2X Shares by 101.0% during the 2nd quarter. Jane Street Group LLC now owns 57,487 shares of the company’s stock valued at $1,865,000 after acquiring an additional 28,888 shares during the period. Cibc World Market Inc. purchased a new stake in Direxion Daily TSM Bull 2X Shares in the 3rd quarter worth approximately $892,000. Finally, Tower Research Capital LLC TRC increased its holdings in Direxion Daily TSM Bull 2X Shares by 85.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,788 shares of the company’s stock worth $123,000 after acquiring an additional 1,743 shares in the last quarter.

Direxion Daily TSM Bull 2X Shares Stock Up 3.7%

Shares of NASDAQ TSMX opened at $68.02 on Wednesday. Direxion Daily TSM Bull 2X Shares has a twelve month low of $12.15 and a twelve month high of $69.16. The firm has a market cap of $346.90 million, a P/E ratio of -3.15 and a beta of 7.50. The company has a 50 day moving average of $54.05 and a 200 day moving average of $47.46.

Direxion Daily TSM Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were given a dividend of $0.2624 per share. This represents a $1.05 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, December 23rd. Direxion Daily TSM Bull 2X Shares’s payout ratio is -18.32%.

Direxion Daily TSM Bull 2X Shares Company Profile

The Direxion Daily TSM Bull 2X Shares (TSMX) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMX was launched on Oct 3, 2024 and is issued by Direxion.