Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) Stock Price Up 0.8% – Here’s What Happened

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLSGet Free Report) shares rose 0.8% during mid-day trading on Tuesday . The company traded as high as $62.67 and last traded at $61.63. Approximately 211,442 shares were traded during trading, a decline of 91% from the average daily volume of 2,325,424 shares. The stock had previously closed at $61.16.

Direxion Daily TSLA Bear 1X Shares Stock Up 2.3%

The stock has a 50 day moving average of $58.23 and a 200 day moving average of $56.88.

Direxion Daily TSLA Bear 1X Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.3419 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.37 annualized dividend and a yield of 2.3%.

Institutional Investors Weigh In On Direxion Daily TSLA Bear 1X Shares

A number of institutional investors have recently modified their holdings of TSLS. GTS Securities LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the second quarter worth $576,000. SHP Wealth Management acquired a new position in Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at $87,000. Private Advisor Group LLC boosted its position in Direxion Daily TSLA Bear 1X Shares by 133.6% during the third quarter. Private Advisor Group LLC now owns 25,000 shares of the company’s stock valued at $134,000 after acquiring an additional 14,300 shares during the last quarter. XTX Topco Ltd bought a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at $129,000. Finally, Group One Trading LLC grew its holdings in Direxion Daily TSLA Bear 1X Shares by 711.2% during the 2nd quarter. Group One Trading LLC now owns 39,628 shares of the company’s stock worth $311,000 after acquiring an additional 34,743 shares during the period.

About Direxion Daily TSLA Bear 1X Shares

(Get Free Report)

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.

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