IMC Chicago LLC Makes New $3.05 Million Investment in Direxion Daily TSLA Bear 1X Shares $TSLS

IMC Chicago LLC acquired a new position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 59,658 shares of the company’s stock, valued at approximately $3,052,000.

Other large investors have also recently made changes to their positions in the company. Headlands Technologies LLC grew its stake in shares of Direxion Daily TSLA Bear 1X Shares by 1,229.8% during the 4th quarter. Headlands Technologies LLC now owns 481,884 shares of the company’s stock valued at $2,443,000 after acquiring an additional 445,646 shares during the period. Renaissance Technologies LLC purchased a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter worth approximately $2,156,000. Advisory Services Network LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 2nd quarter worth approximately $1,360,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 3rd quarter worth approximately $867,000. Finally, Tower Research Capital LLC TRC raised its stake in Direxion Daily TSLA Bear 1X Shares by 207.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 138,578 shares of the company’s stock worth $1,086,000 after acquiring an additional 93,459 shares during the period.

Direxion Daily TSLA Bear 1X Shares Stock Up 1.8%

Shares of NASDAQ:TSLS opened at $59.25 on Friday. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $46.20 and a 1-year high of $74.90. The firm’s 50 day simple moving average is $58.89 and its two-hundred day simple moving average is $57.16.

Direxion Daily TSLA Bear 1X Shares Dividend Announcement

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

Direxion Daily TSLA Bear 1X Shares 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.