Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS – Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 406,400 shares, a decrease of 23.8% from the February 13th total of 533,300 shares. Currently, 6.0% of the company’s stock are sold short. Based on an average daily volume of 11,313,800 shares, the short-interest ratio is presently 0.0 days.
Direxion Daily TSLA Bear 1X Shares Trading Down 3.8 %
Shares of NASDAQ TSLS opened at $12.02 on Monday. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $6.82 and a 1-year high of $31.83. The firm’s 50-day moving average price is $9.26 and its 200-day moving average price is $11.49.
Direxion Daily TSLA Bear 1X Shares Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.0665 dividend. The ex-dividend date was Monday, December 23rd.
Institutional Investors Weigh In On Direxion Daily TSLA Bear 1X Shares
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.
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