Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Short Interest Down 38.3% in December

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - Get Free Report) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 35,411 shares, a decline of 38.3% from the November 30th total of 57,354 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 372,448 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 372,448 shares, the short-interest ratio is presently 0.1 days. Approximately 0.7% of the shares of the stock are sold short.Institutional Investors Weigh In On Direxion Daily TSM Bull 2X SharesA number of institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. raised its stake in shares of Direxion Daily TSM Bull 2X Shares by 27,550.0% during the second quarter. SBI Securities Co. Ltd. now owns 1,106 shares of the company's stock valued at $36,000 after acquiring an additional 1,102 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Direxion Daily TSM Bull 2X Shares by 85.2% in 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. SG Americas Securities LLC acquired a new stake in Direxion Daily TSM Bull 2X Shares in the third quarter valued at $842,000. Cibc World Market Inc. bought a new position in Direxion Daily TSM Bull 2X Shares during the 3rd quarter worth $892,000. Finally, Jane Street Group LLC acquired a new position in Direxion Daily TSM Bull 2X Shares during the 1st quarter worth about $543,000. Direxion Daily TSM Bull 2X Shares Trading Up 2.5%Direxion Daily TSM Bull 2X Shares stock opened at $49.06 on Friday. The company has a market capitalization of $235.49 million, a PE ratio of -2.28 and a beta of 7.50. Direxion Daily TSM Bull 2X Shares has a 12 month low of $12.15 and a 12 month high of $57.04. The stock has a 50-day moving average price of $48.84 and a two-hundred day moving average price of $41.83. Direxion Daily TSM Bull 2X Shares Cuts DividendThe company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd will be paid a $0.2624 dividend. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $1.05 annualized dividend and a dividend yield of 2.1%. Direxion Daily TSM Bull 2X Shares's dividend payout ratio is currently -18.32%. 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. See AlsoFive stocks we like better than Direxion Daily TSM Bull 2X SharesWall Street Stockpicker Names #1 Stock of 2026ALERT: Drop these 5 stocks before January 2026!The $650 Million Bet on AI's FutureNvidia x 1,000,000GOLD ALERTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Direxion Daily TSM Bull 2X Shares Right Now?Before you consider Direxion Daily TSM Bull 2X Shares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSM Bull 2X Shares wasn't on the list.While Direxion Daily TSM Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here