Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) Short Interest Update

Posted by Tyrone Williams on Feb 14th, 2025

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS – Get Free Report) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 735,900 shares, a growth of 25.9% from the January 15th total of 584,500 shares. Based on an average trading volume of 9,986,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. PayPay Securities Corp bought a new position in Direxion Daily TSLA Bear 1X Shares in the 4th quarter worth approximately $66,000. Sequoia Financial Advisors LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth about $80,000. Ridgecrest Wealth Partners LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth about $96,000. RMR Capital Management LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $107,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $247,000.

Direxion Daily TSLA Bear 1X Shares Trading Down 5.8 %

NASDAQ:TSLS opened at $8.84 on Friday. Direxion Daily TSLA Bear 1X Shares has a 1 year low of $6.82 and a 1 year high of $31.83. The firm has a 50 day moving average of $7.99 and a 200-day moving average of $12.74.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.0665 dividend. The ex-dividend date was Monday, December 23rd.

About Direxion Daily TSLA Bear 1X Shares

(Get 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.