Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Shares Gap Down – Here’s What Happened

Posted by Francis Steltz on Jul 18th, 2026

Shares of Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $80.06, but opened at $74.92. Direxion Daily TSM Bull 2X Shares shares last traded at $76.63, with a volume of 1,127,927 shares trading hands.

Direxion Daily TSM Bull 2X Shares Stock Performance

The company has a market capitalization of $596.79 million, a PE ratio of -3.33 and a beta of 2.98. The stock’s fifty day simple moving average is $85.67 and its 200-day simple moving average is $71.25.

Direxion Daily TSM Bull 2X Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.3574 dividend. 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 currently -19.29%.

Institutional Trading of Direxion Daily TSM Bull 2X Shares

A number of hedge funds have recently bought and sold shares of TSMX. Jane Street Group LLC grew its stake in Direxion Daily TSM Bull 2X Shares by 1.4% in 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 acquired a new stake in shares of Direxion Daily TSM Bull 2X Shares during the fourth quarter worth $216,000. SG Americas Securities LLC boosted its holdings 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 worth $6,484,000 after purchasing an additional 113,400 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings 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 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.