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

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 14,206 shares, a decrease of 33.6% from the June 30th total of 21,386 shares. Based on an average trading volume of 94,881 shares, the short-interest ratio is presently 0.1 days. Approximately 4.1% of the company’s shares are short sold.

Direxion Daily TSM Bear 1X Shares Price Performance

Shares of TSMZ stock opened at $8.19 on Friday. The company’s fifty day simple moving average is $7.99 and its 200-day simple moving average is $9.29. Direxion Daily TSM Bear 1X Shares has a 52 week low of $7.05 and a 52 week high of $17.13.

Direxion Daily TSM Bear 1X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.0601 dividend. This represents a $0.24 annualized dividend and a yield of 2.9%. 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.