Direxion Daily TSLA Bear 1X Shares (TSLS) Short Interest Ratio & Short Volume

Short interest is the volume of Direxion Daily TSLA Bear 1X Shares shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 167,900 shares of TSLS short. Learn More on Direxion Daily TSLA Bear 1X Shares' current short interest.

Direxion Daily TSLA Bear 1X Shares saw a decrease in short interest in April. As of April 15th, there was short interest totaling 167,900 shares, a decrease of 52.6% from the previous total of 354,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Direxion Daily TSLA Bear 1X Shares: AXS 1.25X NVDA Bear Daily ETF (25.36%), Direxion Daily AAPL Bear 1X Shares (6.28%), AXS Tesla Bear Daily ETF (5.47%), GraniteShares 2x Long NVDA Daily ETF (7.83%), Direxion Daily MSFT Bear 1X Shares (6.75%), GraniteShares 1.25X Long TSLA Daily ETF (86.26%), Direxion Daily AMZN Bear 1X Shares (4.82%), Direxion Daily GOOGL Bear 1X Shares (2.27%), GraniteShares 2x Long META Daily ETF (0.27%), GraniteShares 2x Long AAPL Daily ETF (2.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling TSLS is an investing strategy that aims to generate trading profit from Direxion Daily TSLA Bear 1X Shares as its price is falling. TSLS shares are trading up $0.31 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Direxion Daily TSLA Bear 1X Shares occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of TSLS, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TSLS, twice per month. The most recent reporting period available is April, 15 2024.