Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Get Free Report) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $56.27 and traded as high as $58.75. Direxion Daily TSLA Bear 1X ETF shares last traded at $58.09, with a volume of 670,776 shares trading hands.
Direxion Daily TSLA Bear 1X ETF Trading Up 10.9%
The company has a fifty day moving average of $54.77 and a 200 day moving average of $56.27.
Hedge Funds Weigh In On Direxion Daily TSLA Bear 1X ETF
A hedge fund recently bought a new stake in Direxion Daily TSLA Bear 1X ETF stock. GTS Securities LLC acquired a new position in Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 11,269 shares of the company’s stock, valued at approximately $576,000. GTS Securities LLC owned approximately 0.92% of Direxion Daily TSLA Bear 1X ETF as of its most recent filing with the SEC.
Direxion Daily TSLA Bear 1X ETF 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.
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