Citadel Advisors LLC Takes $710,000 Position in Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX)

Citadel Advisors LLC bought a new position in shares of Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,962 shares of the company's stock, valued at approximately $710,000. Citadel Advisors LLC owned 0.70% of Direxion Daily TSM Bull 2X Shares as of its most recent SEC filing.

Separately, Bank of America Corp DE acquired a new stake in shares of Direxion Daily TSM Bull 2X Shares in the fourth quarter worth about $741,000.

Direxion Daily TSM Bull 2X Shares Price Performance

TSMX stock traded up $1.20 on Wednesday, reaching $26.34. 1,050,651 shares of the company were exchanged, compared to its average volume of 725,167. Direxion Daily TSM Bull 2X Shares has a 12 month low of $12.15 and a 12 month high of $38.15. The firm has a market capitalization of $150.66 million and a PE ratio of -1.22. The stock's fifty day moving average price is $19.85 and its 200 day moving average price is $25.44.

Direxion Daily TSM Bull 2X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.137 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date was Tuesday, March 25th. Direxion Daily TSM Bull 2X Shares's dividend payout ratio is currently -1.35%.

Direxion Daily TSM Bull 2X Shares Company Profile

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.