Advisory Services Network LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 176,712 shares of the company's stock, valued at approximately $1,423,000. Advisory Services Network LLC owned 2.61% of Direxion Daily TSLA Bear 1X Shares as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. Virtu Financial LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $2,009,000. IMC Chicago LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth approximately $1,598,000. Renaissance Technologies LLC bought a new position in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at $414,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the 4th quarter valued at $247,000. Finally, RMR Capital Management LLC bought a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the 4th quarter worth $107,000.
Direxion Daily TSLA Bear 1X Shares Stock Up 0.2 %
Shares of Direxion Daily TSLA Bear 1X Shares stock traded up $0.02 on Friday, reaching $11.12. 4,594,461 shares of the company were exchanged, compared to its average volume of 6,197,910. Direxion Daily TSLA Bear 1X Shares has a fifty-two week low of $6.82 and a fifty-two week high of $31.83. The stock has a fifty day moving average price of $10.95 and a 200-day moving average price of $10.64.
Direxion Daily TSLA Bear 1X Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.0756 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date was Tuesday, March 25th.
Direxion Daily TSLA Bear 1X Shares Profile
(
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.
See Also
Before you consider Direxion Daily TSLA Bear 1X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bear 1X Shares wasn't on the list.
While Direxion Daily TSLA Bear 1X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
