GTS Securities LLC Takes Position in Direxion Daily TSLA Bear 1X Shares $TSLS

GTS Securities LLC bought a new stake in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 11,269 shares of the company’s stock, valued at approximately $576,000.

A number of other large investors also recently added to or reduced their stakes in TSLS. Headlands Technologies LLC lifted its stake in Direxion Daily TSLA Bear 1X Shares by 1,229.8% in the fourth quarter. Headlands Technologies LLC now owns 481,884 shares of the company’s stock worth $2,443,000 after purchasing an additional 445,646 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at about $2,156,000. Advisory Services Network LLC bought a new position in shares of Direxion Daily TSLA Bear 1X Shares during the second quarter valued at about $1,360,000. Flow Traders U.S. LLC purchased a new position in shares of Direxion Daily TSLA Bear 1X Shares in the third quarter worth about $867,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Direxion Daily TSLA Bear 1X Shares by 207.1% in the second quarter. Tower Research Capital LLC TRC now owns 138,578 shares of the company’s stock worth $1,086,000 after buying an additional 93,459 shares during the period.

Direxion Daily TSLA Bear 1X Shares Price Performance

NASDAQ TSLS opened at $59.25 on Monday. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $46.20 and a 1-year high of $74.90. The stock has a 50-day moving average of $58.89 and a 200-day moving average of $57.17.

Direxion Daily TSLA Bear 1X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.3419 dividend. This represents a $1.37 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

About Direxion Daily TSLA Bear 1X Shares

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.