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IMC Chicago LLC Makes New $1.60 Million Investment in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Direxion Daily TSLA Bear 1X Shares logo with background

IMC Chicago LLC purchased a new position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 198,525 shares of the company's stock, valued at approximately $1,598,000. IMC Chicago LLC owned about 2.94% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent reporting period.

Separately, RMR Capital Management LLC purchased a new position in Direxion Daily TSLA Bear 1X Shares in the fourth quarter worth about $107,000.

Direxion Daily TSLA Bear 1X Shares Trading Down 5.8 %

Shares of Direxion Daily TSLA Bear 1X Shares stock traded down $0.54 during trading hours on Thursday, reaching $8.84. 12,721,272 shares of the stock traded hands, compared to its average volume of 10,861,580. The company has a 50 day moving average price of $7.99 and a 200 day moving average price of $12.74. Direxion Daily TSLA Bear 1X Shares has a one year low of $6.82 and a one year high of $31.83.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0665 per share. The ex-dividend date was Monday, December 23rd.

About Direxion Daily TSLA Bear 1X Shares

(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

Institutional Ownership by Quarter for Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

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