IMC Chicago LLC Takes $1.60 Million Position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

IMC Chicago LLC bought a new position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 198,525 shares of the company’s stock, valued at approximately $1,598,000. IMC Chicago LLC owned approximately 2.94% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent reporting period.

Separately, RMR Capital Management LLC acquired a new position in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth approximately $107,000.

Direxion Daily TSLA Bear 1X Shares Stock Performance

Shares of TSLS opened at $8.78 on Monday. The firm’s fifty day simple moving average is $8.00 and its 200-day simple moving average is $12.93. Direxion Daily TSLA Bear 1X Shares has a twelve month low of $6.82 and a twelve month high of $31.83.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

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