Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) Short Interest Update

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 10,950 shares, a decrease of 26.4% from the January 15th total of 14,885 shares. Currently, 4.4% of the company’s stock are sold short. Based on an average daily trading volume, of 58,873 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 58,873 shares, the short-interest ratio is presently 0.2 days. Currently, 4.4% of the company’s stock are sold short.

Direxion Daily TSM Bear 1X Shares Price Performance

Shares of Direxion Daily TSM Bear 1X Shares stock opened at $9.94 on Friday. The business’s 50 day simple moving average is $11.49 and its 200 day simple moving average is $13.21. Direxion Daily TSM Bear 1X Shares has a 52-week low of $9.59 and a 52-week high of $29.60.

Direxion Daily TSM Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were issued a $0.1092 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.4%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Direxion Daily TSM Bear 1X Shares stock. Optiver Holding B.V. boosted its holdings in Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) by 25.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,086 shares of the company’s stock after purchasing an additional 5,525 shares during the period. Optiver Holding B.V. owned about 9.67% of Direxion Daily TSM Bear 1X Shares worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily TSM Bear 1X Shares Company Profile

The Direxion Daily TSM Bear 1X Shares (TSMZ) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMZ was launched on Oct 3, 2024 and is issued by Direxion.