Ridgecrest Wealth Partners LLC Acquires New Position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Ridgecrest Wealth Partners LLC purchased a new position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,885 shares of the company’s stock, valued at approximately $96,000.

Direxion Daily TSLA Bear 1X Shares Stock Performance

TSLS opened at $7.85 on Monday. Direxion Daily TSLA Bear 1X Shares has a 12 month low of $6.82 and a 12 month high of $31.83. The business has a 50-day moving average of $8.34 and a two-hundred day moving average of $13.49.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.0665 dividend. The ex-dividend date was Monday, December 23rd.

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.