Jump Financial LLC Purchases Shares of 69,997 Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Jump Financial LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 69,997 shares of the company's stock, valued at approximately $563,000. Jump Financial LLC owned about 1.03% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth approximately $1,423,000. Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth $414,000. Virtu Financial LLC bought a new position in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth $2,009,000. Sequoia Financial Advisors LLC acquired a new position in Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at $80,000. Finally, SBI Securities Co. Ltd. bought a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at $247,000.

Direxion Daily TSLA Bear 1X Shares Stock Performance

Shares of TSLS stock traded up $0.15 during mid-day trading on Tuesday, hitting $9.37. The company's stock had a trading volume of 3,727,001 shares, compared to its average volume of 11,898,277. The company's fifty day simple moving average is $11.16 and its 200-day simple moving average is $10.33. Direxion Daily TSLA Bear 1X Shares has a 52 week low of $6.82 and a 52 week high of $25.27.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.0756 dividend. This represents a $0.30 annualized dividend and a yield of 3.22%. The ex-dividend date was Tuesday, March 25th.

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.