Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) Short Interest Up 333.3% in September

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,500 shares, an increase of 333.3% from the September 15th total of 1,500 shares. Based on an average daily trading volume, of 28,100 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 28,100 shares, the short-interest ratio is currently 0.2 days.

Direxion Daily TSM Bear 1X Shares Trading Up 1.5%

Shares of NASDAQ:TSMZ opened at $12.64 on Friday. Direxion Daily TSM Bear 1X Shares has a 52-week low of $12.00 and a 52-week high of $29.60. The company has a 50-day simple moving average of $14.68 and a 200 day simple moving average of $18.16.

Direxion Daily TSM Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were paid a $0.1136 dividend. This represents a $0.45 annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, September 23rd.

About Direxion Daily TSM Bear 1X Shares

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.