IMC Chicago LLC lessened its holdings in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) by 73.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,108 shares of the company's stock after selling 145,417 shares during the period. IMC Chicago LLC owned about 1.03% of Direxion Daily TSLA Bear 1X Shares worth $594,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. GTS Securities LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $468,000. Jane Street Group LLC raised its holdings 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 valued at $2,447,000 after acquiring an additional 326,976 shares during the last quarter. Optiver Holding B.V. raised its holdings 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 valued at $60,000 after acquiring an additional 6,996 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings 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 valued at $324,000 after acquiring an additional 10,140 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $563,000.
Direxion Daily TSLA Bear 1X Shares Price Performance
Shares of Direxion Daily TSLA Bear 1X Shares stock opened at $7.76 on Friday. The business has a 50 day simple moving average of $8.95 and a two-hundred day simple moving average of $9.22. Direxion Daily TSLA Bear 1X Shares has a 12 month low of $6.82 and a 12 month high of $23.78.
Direxion Daily TSLA Bear 1X Shares Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.0756 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.89%.
About Direxion Daily TSLA Bear 1X Shares
(
Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Direxion Daily TSLA Bear 1X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bear 1X Shares wasn't on the list.
While Direxion Daily TSLA Bear 1X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
