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Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Declares Quarterly Dividend of $0.26

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - Get Free Report) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 24th will be given a dividend of 0.2581 per share on Tuesday, July 1st. This represents a $1.03 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 88.4% increase from Direxion Daily TSM Bull 2X Shares's previous quarterly dividend of $0.14.

Direxion Daily TSM Bull 2X Shares Stock Performance

Shares of NASDAQ TSMX traded up $1.05 during trading hours on Friday, hitting $32.81. The company's stock had a trading volume of 400,535 shares, compared to its average volume of 703,226. Direxion Daily TSM Bull 2X Shares has a 12 month low of $12.15 and a 12 month high of $38.15. The stock has a market cap of $187.67 million and a price-to-earnings ratio of -1.52. The business has a 50-day simple moving average of $23.97 and a 200-day simple moving average of $25.52.

Institutional Investors Weigh In On Direxion Daily TSM Bull 2X Shares

An institutional investor recently bought a new position in Direxion Daily TSM Bull 2X Shares stock. Jane Street Group LLC purchased a new position in Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 28,599 shares of the company's stock, valued at approximately $543,000. Jane Street Group LLC owned 0.50% of Direxion Daily TSM Bull 2X Shares as of its most recent SEC filing.

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.

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