Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 280,000 shares, a drop of 25.0% from the August 15th total of 373,100 shares. Based on an average daily volume of 2,793,700 shares, the days-to-cover ratio is currently 0.1 days.
Direxion Daily TSLA Bear 1X Shares Price Performance
Shares of TSLS stock opened at $16.68 on Monday. The business’s 50-day moving average price is $17.72 and its 200-day moving average price is $22.08. Direxion Daily TSLA Bear 1X Shares has a 12 month low of $15.08 and a 12 month high of $31.83.
Direxion Daily TSLA Bear 1X Shares Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a dividend of $0.1681 per share. The ex-dividend date of this dividend was Tuesday, June 25th.
Institutional Inflows and Outflows
About Direxion Daily TSLA Bear 1X Shares
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.
Read More
- Five stocks we like better than Direxion Daily TSLA Bear 1X Shares
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Moderna’s Recent Drop: 4 Reasons Bulls See Opportunity
- ETF Screener: Uses and Step-by-Step Guide
- 3 Undervalued Stocks That Are Too Cheap to Ignore Right Now
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- The Analyst Edge: How to Use Expert Opinions
Receive News & Ratings for Direxion Daily TSLA Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily TSLA Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.