Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) Short Interest Update

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 232,900 shares, a decrease of 61.1% from the December 15th total of 598,700 shares. Based on an average daily volume of 7,507,500 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Direxion Daily TSLA Bear 1X Shares

An institutional investor recently bought a new position in Direxion Daily TSLA Bear 1X Shares stock. Headlands Technologies LLC bought a new position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,178 shares of the company’s stock, valued at approximately $25,000.

Direxion Daily TSLA Bear 1X Shares Stock Down 2.1 %

Direxion Daily TSLA Bear 1X Shares stock opened at $7.97 on Tuesday. Direxion Daily TSLA Bear 1X Shares has a 12-month low of $6.82 and a 12-month high of $31.83. The firm’s 50-day moving average is $8.97 and its two-hundred day moving average is $14.08.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.0665 per share. The ex-dividend date was Monday, December 23rd.

Direxion Daily TSLA Bear 1X Shares Company Profile

The Direxion Daily TSLA Bear 1X Shares (TSLS) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLS was launched on Aug 9, 2022 and is managed by Direxion.