Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) Short Interest Down 61.0% in February

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZGet Free Report) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 18,342 shares, a decrease of 61.0% from the February 12th total of 47,035 shares. Currently, 7.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 53,182 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 53,182 shares, the short-interest ratio is currently 0.3 days. Currently, 7.3% of the shares of the stock are sold short.

Direxion Daily TSM Bear 1X Shares Trading Up 0.7%

Shares of NASDAQ:TSMZ opened at $10.44 on Wednesday. The stock has a fifty day moving average of $10.62 and a 200-day moving average of $12.43. Direxion Daily TSM Bear 1X Shares has a one year low of $9.31 and a one year high of $29.60.

Direxion Daily TSM Bear 1X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.1092 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.2%.

Hedge Funds 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. boosted its stake in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZFree Report) by 25.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,086 shares of the company’s stock after buying 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 at the end of the most recent reporting period.

About Direxion Daily TSM Bear 1X Shares

(Get Free Report)

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.

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