Shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Get Free Report) traded up 3.3% during trading on Wednesday. The stock traded as high as $53.58 and last traded at $52.39. 409,446 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 1,786,229 shares. The stock had previously closed at $50.73.
Direxion Daily TSLA Bear 1X ETF Stock Performance
The company’s 50 day moving average is $54.80 and its two-hundred day moving average is $56.24.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Direxion Daily TSLA Bear 1X ETF stock. IMC Chicago LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.
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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