Direxion Daily TSM Bull 2X ETF (TSMX)
TSMX: Still For Speculating, Not For Holding
Direxion Daily TSM Bull 2X ETF (TSMX) is purpose-built for short-term speculation or hedging, not long-term investment. TSMX's leveraged structure amplifies both gains and losses, with daily price swings often exceeding 4-6%. Performance divergence over time is inherent due to the leveraged construction, eroding returns if held long-term.
Short Interest in Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Grows By 200.3%
Direxion Daily TSM Bull 2X Shares (NASDAQ: TSMX - Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 124,612 shares, a growth of 200.3% from the February 12th total of 41,493 shares. Currently, 2.4% of the company's stock
SG Americas Securities LLC Takes $842,000 Position in Direxion Daily TSM Bull 2X Shares $TSMX
SG Americas Securities LLC bought a new position in shares of Direxion Daily TSM Bull 2X Shares (NASDAQ: TSMX) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,900 shares of the company's stock, valued at approximately $842,000. SG
Direxion Expands Semiconductor Library With 4 New Funds
On Thursday, Direxion launched four new leveraged and inverse ETFs that bring single-stock exposure to the semiconductor sector. The Direxion Daily AVGO Bull 2X Shares (AVL) and the Direxion Daily AVGO Bear 1X Shares (AVS) focus on Broadcom.