Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) Short Interest Up 329.5% in February

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 47,035 shares, an increase of 329.5% from the January 29th total of 10,950 shares. Currently, 18.8% of the company’s shares are short sold. Based on an average trading volume of 92,849 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 92,849 shares, the short-interest ratio is currently 0.5 days. Currently, 18.8% of the company’s shares are short sold.

Institutional Investors Weigh In On Direxion Daily TSM Bear 1X Shares

A hedge fund recently raised its stake in Direxion Daily TSM Bear 1X Shares stock. Optiver Holding B.V. increased its stake in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) by 25.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,086 shares of the company’s stock after acquiring 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 SEC filing.

Direxion Daily TSM Bear 1X Shares Stock Up 2.8%

NASDAQ TSMZ opened at $9.64 on Friday. Direxion Daily TSM Bear 1X Shares has a one year low of $9.31 and a one year high of $29.60. The stock’s 50-day moving average is $10.97 and its 200-day moving average is $12.82.

Direxion Daily TSM Bear 1X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.1092 per share. This represents a $0.44 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, December 23rd.

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.