Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 12,234 shares, a decrease of 50.2% from the May 14th total of 24,561 shares. Based on an average trading volume of 45,111 shares, the short-interest ratio is currently 0.3 days. Currently, 4.1% of the company’s shares are sold short.
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. grew its holdings in shares of Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ – Free Report) by 25.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 SEC.
Direxion Daily TSM Bear 1X Shares Stock Performance
TSMZ stock traded down $0.31 during trading on Monday, hitting $7.85. The company had a trading volume of 67,100 shares, compared to its average volume of 81,799. The business has a 50-day moving average of $8.89 and a 200-day moving average of $10.38. Direxion Daily TSM Bear 1X Shares has a one year low of $7.74 and a one year high of $18.68.
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.
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