Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 24,817 shares, a growth of 35.3% from the February 26th total of 18,342 shares. Based on an average trading volume of 166,268 shares, the days-to-cover ratio is currently 0.1 days. Approximately 9.9% of the company’s shares are short sold.
Institutional Trading of 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. lifted its position in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ – Free Report) by 25.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,086 shares of the company’s stock after buying 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 as of its most recent filing with the Securities and Exchange Commission (SEC).
Direxion Daily TSM Bear 1X Shares Price Performance
Shares of TSMZ stock opened at $11.25 on Tuesday. The company’s 50-day moving average price is $10.44 and its 200-day moving average price is $11.91. Direxion Daily TSM Bear 1X Shares has a twelve month low of $9.31 and a twelve month high of $29.60.
Direxion Daily TSM Bear 1X Shares Cuts Dividend
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.
See Also
Receive News & Ratings for Direxion Daily TSM Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily TSM Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
