Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) to Issue Quarterly Dividend of $0.11

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.1092 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, December 23rd.

Direxion Daily TSM Bear 1X Shares Price Performance

Direxion Daily TSM Bear 1X Shares stock traded down $0.28 during trading on Tuesday, reaching $12.39. The company had a trading volume of 2,947 shares, compared to its average volume of 24,558. The firm’s 50-day simple moving average is $12.77 and its 200 day simple moving average is $14.79. Direxion Daily TSM Bear 1X Shares has a 52 week low of $11.87 and a 52 week high of $29.60.

About Direxion Daily TSM Bear 1X Shares

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.