Direxion Daily TSM Bear 1X ETF (NASDAQ:TSMZ – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 38,677 shares, an increase of 272.5% from the September 30th total of 10,384 shares. Based on an average daily volume of 99,119 shares, the short-interest ratio is presently 0.4 days. Currently, 9.7% of the company’s shares are sold short.
Direxion Daily TSM Bear 1X ETF Trading Down 0.3%
TSMZ opened at $7.42 on Wednesday. Direxion Daily TSM Bear 1X ETF has a twelve month low of $6.71 and a twelve month high of $13.93. The firm’s fifty day moving average is $7.59 and its two-hundred day moving average is $8.81.
Direxion Daily TSM Bear 1X ETF 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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