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

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 21,386 shares, a decline of 39.5% from the June 15th total of 35,344 shares. Based on an average daily volume of 105,868 shares, the short-interest ratio is presently 0.2 days. Currently, 6.1% of the shares of the company are sold short.

Direxion Daily TSM Bear 1X Shares Stock Up 1.3%

TSMZ stock traded up $0.10 during midday trading on Thursday, hitting $8.09. 140,211 shares of the stock traded hands, compared to its average volume of 86,217. Direxion Daily TSM Bear 1X Shares has a 1-year low of $7.05 and a 1-year high of $17.13. The stock’s fifty day simple moving average is $8.08 and its 200-day simple moving average is $9.57.

Direxion Daily TSM Bear 1X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.0601 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, June 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.