SBI Securities Co. Ltd. Purchases New Position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

SBI Securities Co. Ltd. purchased a new stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 30,648 shares of the company’s stock, valued at approximately $247,000. SBI Securities Co. Ltd. owned 0.46% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. IMC Chicago LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at approximately $1,598,000. Ridgecrest Wealth Partners LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth approximately $96,000. PayPay Securities Corp bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth approximately $66,000. Finally, RMR Capital Management LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth approximately $107,000.

Direxion Daily TSLA Bear 1X Shares Price Performance

NASDAQ TSLS opened at $11.14 on Thursday. The business has a 50 day simple moving average of $8.62 and a 200 day simple moving average of $11.80. Direxion Daily TSLA Bear 1X Shares has a 52-week low of $6.82 and a 52-week high of $31.83.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

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

Direxion Daily TSLA Bear 1X Shares 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.