Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Short Interest Down 51.7% in July

Posted by Stanley Muller on Aug 16th, 2026

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 129,045 shares, a drop of 51.7% from the July 15th total of 267,227 shares. Based on an average trading volume of 829,971 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.5% of the shares of the company are sold short.

Direxion Daily TSM Bull 2X Shares Trading Down 2.1%

TSMX opened at $80.60 on Friday. The stock has a market cap of $673.01 million, a PE ratio of -3.74 and a beta of 3.16. Direxion Daily TSM Bull 2X Shares has a 1 year low of $30.79 and a 1 year high of $106.32. The stock’s 50 day simple moving average is $83.12 and its 200-day simple moving average is $74.10.

Direxion Daily TSM Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.3574 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.43 dividend on an annualized basis and a yield of 1.8%. Direxion Daily TSM Bull 2X Shares’s payout ratio is currently -19.29%.

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

Hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its holdings in shares of Direxion Daily TSM Bull 2X Shares by 85.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,788 shares of the company’s stock worth $123,000 after acquiring an additional 1,743 shares during the period. HRT Financial LP bought a new stake in Direxion Daily TSM Bull 2X Shares in the fourth quarter valued at about $216,000. Finally, Jane Street Group LLC bought a new stake in Direxion Daily TSM Bull 2X Shares in the first quarter valued at about $543,000.

Direxion Daily TSM Bull 2X Shares Company Profile

(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.