Tower Research Capital LLC TRC Has $324,000 Holdings in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Tower Research Capital LLC TRC increased its position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) by 33.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,278 shares of the company’s stock after acquiring an additional 10,140 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Direxion Daily TSLA Bear 1X Shares were worth $324,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TSLS. Virtu Financial LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $2,009,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $1,598,000. Advisory Services Network LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares during the fourth quarter valued at approximately $1,423,000. Jump Financial LLC acquired a new position in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at approximately $563,000. Finally, Renaissance Technologies LLC acquired a new position in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at approximately $414,000.

Direxion Daily TSLA Bear 1X Shares Trading Up 0.6 %

Direxion Daily TSLA Bear 1X Shares stock opened at $9.39 on Friday. The firm’s 50 day moving average price is $11.16 and its two-hundred day moving average price is $10.26. Direxion Daily TSLA Bear 1X Shares has a twelve month low of $6.82 and a twelve month high of $25.27.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.0756 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.30 annualized dividend and a yield of 3.22%.

Direxion Daily TSLA Bear 1X Shares Profile

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.