GTS Securities LLC Acquires Shares of 58,086 Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

GTS Securities LLC bought a new position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 58,086 shares of the company's stock, valued at approximately $468,000. GTS Securities LLC owned approximately 0.86% of Direxion Daily TSLA Bear 1X Shares as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Jane Street Group LLC increased its stake in shares of Direxion Daily TSLA Bear 1X Shares by 1,421.6% during the fourth quarter. Jane Street Group LLC now owns 303,976 shares of the company's stock worth $2,447,000 after purchasing an additional 326,976 shares in the last quarter. Optiver Holding B.V. increased its stake in shares of Direxion Daily TSLA Bear 1X Shares by 1,399.2% during the fourth quarter. Optiver Holding B.V. now owns 7,496 shares of the company's stock worth $60,000 after purchasing an additional 6,996 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Direxion Daily TSLA Bear 1X Shares by 33.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 40,278 shares of the company's stock worth $324,000 after purchasing an additional 10,140 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $563,000. Finally, Advisory Services Network LLC purchased a new stake in Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at about $1,423,000.

Direxion Daily TSLA Bear 1X Shares Stock Up 2.6%

TSLS stock traded up $0.19 during mid-day trading on Friday, reaching $7.43. The company's stock had a trading volume of 19,360,497 shares, compared to its average volume of 7,566,150. Direxion Daily TSLA Bear 1X Shares has a fifty-two week low of $6.82 and a fifty-two week high of $25.14. The company's 50 day moving average is $9.60 and its two-hundred day moving average is $9.35.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a $0.0756 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.30 dividend on an annualized basis and a yield of 4.07%.

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.