Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS) Announces Dividend Increase – $0.40 Per Share

Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.3962 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 15.9% increase from Direxion Daily TSLA Bear 1X ETF’s previous quarterly dividend of $0.34.

Direxion Daily TSLA Bear 1X ETF Price Performance

Shares of Direxion Daily TSLA Bear 1X ETF stock traded down $0.86 during trading on Tuesday, hitting $53.62. 144,795 shares of the stock traded hands, compared to its average volume of 2,058,994. Direxion Daily TSLA Bear 1X ETF has a 52 week low of $46.20 and a 52 week high of $69.83. The firm’s fifty day moving average is $59.73 and its 200-day moving average is $57.34.

About Direxion Daily TSLA Bear 1X ETF

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.