Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $56.27 and traded as high as $58.75. Direxion Daily TSLA Bear 1X ETF shares last traded at $58.09, with a volume of 670,776 shares.
Direxion Daily TSLA Bear 1X ETF Price Performance
The firm’s 50-day simple moving average is $54.77 and its 200 day simple moving average is $56.27.
Institutional Investors Weigh In On Direxion Daily TSLA Bear 1X ETF
An institutional investor recently bought a new stake in Direxion Daily TSLA Bear 1X ETF stock. GTS Securities LLC purchased a new stake in Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 11,269 shares of the company’s stock, valued at approximately $576,000. GTS Securities LLC owned 0.92% 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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