Direxion Daily TSLA Bear 1X Shares (TSLS) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $7.39 to $7.91
• 50-Day Range: $6.94 to $17.46
• 52-Week Range: $6.82 to $31.83
• Volume: 13.78 million shs
• Average Volume: 2.91 million shs
• Market Capitalization: $30.62 million
• Assets Under Management: $69.07 million
• Dividend Yield: 9.81%
• Net Expense Ratio: 1.07%
• Aggregate Rating: N/A

TSLS ETF - Frequently Asked Questions

How have TSLS shares performed this year?

Direxion Daily TSLA Bear 1X Shares' stock was trading at $18.81 on January 1st, 2024. Since then, TSLS shares have decreased by 58.3% and is now trading at $7.85.
View the best growth stocks for 2024 here.

Who are Direxion Daily TSLA Bear 1X Shares' major shareholders?

Direxion Daily TSLA Bear 1X Shares' top institutional shareholders include Jane Street Group LLC.

How do I buy shares of Direxion Daily TSLA Bear 1X Shares?

Shares of TSLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Direxion Daily TSLA Bear 1X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily TSLA Bear 1X Shares investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and AppLovin (APP).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily TSLA Bear 1X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:TSLS
• Inception Date: 8/9/2022
• Fund Manager: Paul Brigandi, Tony Ng
• Previous Symbol: NASDAQ:TSLS
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Single Stock
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 9

Fund Statistics

• Assets Under Management: $69.07 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.00%
• Leveraged: -1.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 718
• Put Options: 217
• Call Options: 501
• Short Interest: 373,300 shs

Miscellaneous

• Outstanding Shares: 3,900,000
• Beta: 3.56
• Creation Unit: 25,000
• Creation Fee: $250.00