Direxion Daily TSM Bear 1X Shares (TSMZ) to Issue Quarterly Dividend of $0.08 on March 31st

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be given a dividend of 0.0764 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily TSM Bear 1X Shares Stock Performance

TSMZ opened at $10.41 on Wednesday. The firm’s fifty day moving average is $10.44 and its 200 day moving average is $12.03. Direxion Daily TSM Bear 1X Shares has a fifty-two week low of $9.31 and a fifty-two week high of $29.60.

Institutional Trading of 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 holdings in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) by 25.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,086 shares of the company’s stock after purchasing an additional 5,525 shares during the quarter. 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 quarter.

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.