Direxion Daily TSM Bear 1X Shares Declares Dividend of $0.06 (NASDAQ:TSMZ)

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) announced a dividend on Monday, June 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.0601 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily TSM Bear 1X Shares Price Performance

NASDAQ:TSMZ opened at $7.34 on Tuesday. Direxion Daily TSM Bear 1X Shares has a 1-year low of $7.23 and a 1-year high of $18.68. The stock has a 50 day simple moving average of $8.59 and a 200 day simple moving average of $10.16.

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

An institutional investor recently raised its position in Direxion Daily TSM Bear 1X Shares stock. Optiver Holding B.V. raised its stake in Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) by 25.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,086 shares of the company’s stock after acquiring an additional 5,525 shares during the period. Optiver Holding B.V. owned approximately 9.67% of Direxion Daily TSM Bear 1X Shares worth $367,000 at the end of the most recent quarter.

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.