Shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Get Free Report) traded up 3.3% during mid-day trading on Wednesday. The company traded as high as $53.58 and last traded at $52.39. 409,446 shares traded hands during trading, a decline of 77% from the average daily volume of 1,786,229 shares. The stock had previously closed at $50.73.
Direxion Daily TSLA Bear 1X ETF Stock Down 4.3%
The firm has a fifty day moving average price of $54.72 and a 200 day moving average price of $56.29.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Direxion Daily TSLA Bear 1X ETF stock. IMC Chicago LLC bought a new position in shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 59,658 shares of the company’s stock, valued at approximately $3,052,000. IMC Chicago LLC owned approximately 4.85% 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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