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NASDAQ:TSLS

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

Direxion Daily TSLA Bear 1X Shares logo
$7.51 +0.57 (+8.21%)
(As of 12/18/2024 05:45 PM ET)

About Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Key Stats

Today's Range
$6.82
$7.70
50-Day Range
$6.94
$17.46
52-Week Range
$6.82
$31.83
Volume
18.23 million shs
Average Volume
2.80 million shs
Market Capitalization
$29.29 million
Assets Under Management
$65.90 million
Dividend Yield
10.25%
Net Expense Ratio
1.07%
Aggregate Rating
N/A

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.

Direxion Daily TSLA Bear 1X Shares Expenses

TypeTSLSSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.95%0.55%0.50%0.52%
Other Expenses0.32%0.45%0.49%0.41%0.53%
Total Expense1.07%1.22%0.71%0.64%0.71%
Fee Waiver0.00%-0.34%-0.51%-0.31%-0.56%
Net Expense1.07%1.05%0.61%0.57%0.59%
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TSLS ETF News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
TSLS Direxion Daily TSLA Bear 1X Shares ETF
See More Headlines

TSLS ETF - Frequently Asked Questions

Direxion Daily TSLA Bear 1X Shares' stock was trading at $18.81 at the beginning of 2024. Since then, TSLS shares have decreased by 60.1% and is now trading at $7.51.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Direxion Daily TSLA Bear 1X Shares include Jane Street Group LLC.

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.

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
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
7

Fund Statistics

Assets Under Management
$65.90 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
1,439
Put Options
211
Call Options
1,228
Short Interest
373,300 shs

Miscellaneous

Beta
3.56
Creation Unit
25,000
Creation Fee
$250.00
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Top 7 TSLS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 73.81%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 27.01%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 19.23%
  • TESLA INC SWAP
    Holding Weight: -15.43%
  • TESLA INC SWAP
    Holding Weight: -15.81%
  • TESLA INC SWAP
    Holding Weight: -28.31%
  • TESLA INC SWAP
    Holding Weight: -40.45%

This page (NASDAQ:TSLS) was last updated on 12/19/2024 by MarketBeat.com Staff
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