Direxion Daily TSM Bear 1X Shares (TSMZ) to Distribute Quarterly Dividend of $0.06 on June 30th

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) announced a quarterly 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. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily TSM Bear 1X Shares Trading Up 5.7%

TSMZ opened at $7.76 on Wednesday. The firm’s 50 day simple moving average is $8.55 and its two-hundred day simple moving average is $10.13. Direxion Daily TSM Bear 1X Shares has a 1-year low of $7.23 and a 1-year high of $18.02.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Direxion Daily TSM Bear 1X Shares stock. Optiver Holding B.V. lifted its stake in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) by 25.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,086 shares of the company’s stock after acquiring an additional 5,525 shares during the quarter. 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 reporting period.

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.