Direxion Daily TSLA Bear 1X Shares Announces Dividend Boost of $0.24 Per Share

Direxion Daily TSLA Bear 1X Shares Announces Dividend Boost of alt=

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLSGet Free Report) declared a dividend on Monday, March 18th, NASDAQ reports. Stockholders of record on Wednesday, March 20th will be paid a dividend of 0.2399 per share on Tuesday, March 26th. The ex-dividend date is Tuesday, March 19th. This is a positive change from Direxion Daily TSLA Bear 1X Shares’s previous dividend of $0.19.

Direxion Daily TSLA Bear 1X Shares Stock Up 0.5 %

Shares of NASDAQ:TSLS traded up $0.14 on Tuesday, reaching $26.13. 1,217,405 shares of the company traded hands, compared to its average volume of 1,241,565. The business’s 50-day simple moving average is $23.76 and its 200 day simple moving average is $21.27. Direxion Daily TSLA Bear 1X Shares has a 52 week low of $17.11 and a 52 week high of $34.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley grew its stake in shares of Direxion Daily TSLA Bear 1X Shares by 1,580.1% during the fourth quarter. Morgan Stanley now owns 2,453 shares of the company’s stock valued at $120,000 after buying an additional 2,307 shares during the last quarter. UBS Group AG bought a new position in shares of Direxion Daily TSLA Bear 1X Shares during the third quarter valued at about $116,000. Jane Street Group LLC bought a new stake in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter worth about $646,000. GTS Securities LLC purchased a new position in Direxion Daily TSLA Bear 1X Shares during the 2nd quarter valued at about $411,000. Finally, JPMorgan Chase & Co. increased its holdings in Direxion Daily TSLA Bear 1X Shares by 6.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 22,353 shares of the company’s stock valued at $439,000 after purchasing an additional 1,353 shares during the period.

Direxion Daily TSLA Bear 1X Shares Company Profile

(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.

Further Reading

Dividend History for Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

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