Virtu Financial LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 249,580 shares of the company's stock, valued at approximately $2,009,000. Virtu Financial LLC owned about 3.68% of Direxion Daily TSLA Bear 1X Shares as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the business. PayPay Securities Corp acquired a new position in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at approximately $66,000. Sequoia Financial Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $80,000. Ridgecrest Wealth Partners LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at $96,000. RMR Capital Management LLC bought a new position in Direxion Daily TSLA Bear 1X Shares in the fourth quarter worth $107,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth $247,000.
Direxion Daily TSLA Bear 1X Shares Price Performance
Shares of Direxion Daily TSLA Bear 1X Shares stock traded down $0.04 during trading on Thursday, hitting $10.62. 13,849,831 shares of the company's stock traded hands, compared to its average volume of 5,447,309. The firm's fifty day moving average price is $9.87 and its 200 day moving average price is $11.18. Direxion Daily TSLA Bear 1X Shares has a twelve month low of $6.82 and a twelve month high of $31.83.
Direxion Daily TSLA Bear 1X Shares Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be issued a dividend of $0.0756 per share. This represents a $0.30 annualized dividend and a yield of 2.85%. The ex-dividend date is Tuesday, March 25th.
Direxion Daily TSLA Bear 1X Shares Profile
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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.
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