Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,688,426 shares, an increase of 126.1% from the September 30th total of 746,732 shares. Currently, 24.3% of the shares of the company are sold short. Based on an average daily volume of 650,927 shares, the days-to-cover ratio is presently 2.6 days.
Direxion Daily TSM Bull 2X ETF Stock Down 11.8%
Shares of TSMX opened at $69.85 on Friday. Direxion Daily TSM Bull 2X ETF has a twelve month low of $40.92 and a twelve month high of $106.32. The stock has a market cap of $488.95 million, a PE ratio of -3.24 and a beta of 3.02. The business’s 50-day moving average price is $82.19 and its 200-day moving average price is $75.45.
Direxion Daily TSM Bull 2X ETF 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.
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