Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Shares Up 9.8% – Time to Buy?

Posted by Brenda Bartman on Jun 18th, 2026

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX – Get Free Report)’s share price shot up 9.8% on Thursday . The company traded as high as $96.91 and last traded at $96.74. 490,631 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 910,738 shares. The stock had previously closed at $88.09.

Direxion Daily TSM Bull 2X Shares Stock Up 12.2%

The business’s 50-day moving average is $78.61 and its two-hundred day moving average is $65.13. The company has a market capitalization of $701.98 million, a P/E ratio of -4.59 and a beta of 3.19.

Direxion Daily TSM Bull 2X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a dividend of $0.2398 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 24th. Direxion Daily TSM Bull 2X Shares’s dividend payout ratio (DPR) is presently -18.83%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in shares of Direxion Daily TSM Bull 2X Shares by 85.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,788 shares of the company’s stock valued at $123,000 after purchasing an additional 1,743 shares in the last quarter. HRT Financial LP bought a new position in shares of Direxion Daily TSM Bull 2X Shares during the fourth quarter valued at about $216,000. Jane Street Group LLC bought a new position in shares of Direxion Daily TSM Bull 2X Shares during the first quarter valued at about $543,000. Cibc World Market Inc. bought a new position in shares of Direxion Daily TSM Bull 2X Shares during the third quarter valued at about $892,000. Finally, SG Americas Securities LLC lifted its position in shares of Direxion Daily TSM Bull 2X Shares by 633.5% during the fourth quarter. SG Americas Securities LLC now owns 131,300 shares of the company’s stock valued at $6,484,000 after purchasing an additional 113,400 shares in the last quarter.

About Direxion Daily TSM Bull 2X Shares

(Get Free Report)

The Direxion Daily TSM Bull 2X Shares (TSMX) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMX was launched on Oct 3, 2024 and is issued by Direxion.