Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Shares Gap Up – Should You Buy?

Posted by Brenda Bartman on Jul 31st, 2026

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $72.70, but opened at $78.36. Direxion Daily TSM Bull 2X Shares shares last traded at $72.69, with a volume of 335,008 shares changing hands.

Direxion Daily TSM Bull 2X Shares Stock Performance

The company has a market capitalization of $631.10 million, a price-to-earnings ratio of -3.38 and a beta of 2.98. The business’s 50-day simple moving average is $84.84 and its 200-day simple moving average is $72.71.

Direxion Daily TSM Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.3574 per share. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, June 23rd. Direxion Daily TSM Bull 2X Shares’s payout ratio is -19.29%.

Hedge Funds Weigh In On Direxion Daily TSM Bull 2X Shares

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its holdings in Direxion Daily TSM Bull 2X Shares by 1.4% during the 4th quarter. Jane Street Group LLC now owns 11,259 shares of the company’s stock worth $556,000 after acquiring an additional 159 shares during the period. HRT Financial LP bought a new position in shares of Direxion Daily TSM Bull 2X Shares in the 4th quarter worth $216,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily TSM Bull 2X Shares by 85.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,788 shares of the company’s stock worth $123,000 after purchasing an additional 1,743 shares during 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.