Shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $56.27 and traded as high as $58.75. Direxion Daily TSLA Bear 1X ETF shares last traded at $58.09, with a volume of 670,776 shares trading hands.
Direxion Daily TSLA Bear 1X ETF Stock Performance
The firm’s 50-day simple moving average is $54.72 and its 200 day simple moving average is $56.29.
Institutional Trading of Direxion Daily TSLA Bear 1X ETF
An institutional investor recently bought a new position in Direxion Daily TSLA Bear 1X ETF stock. GTS Securities LLC purchased a new position in shares of Direxion Daily TSLA Bear 1X ETF (NASDAQ:TSLS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 11,269 shares of the company’s stock, valued at approximately $576,000. GTS Securities LLC owned about 0.92% of Direxion Daily TSLA Bear 1X ETF as of its most recent SEC filing.
Direxion Daily TSLA Bear 1X ETF Company 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.
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