NASDAQ:TSLS

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

$25.18
+0.51 (+2.07%)
(As of 04:00 PM ET)
Today's Range
$24.50
$25.27
50-Day Range
$21.92
$31.16
52-Week Range
$17.11
$32.22
Volume
896,475 shs
Average Volume
1.37 million shs
Market Capitalization
$66.73 million
Assets Under Management
$45.01 million
Dividend Yield
3.30%
Net Expense Ratio
0.97%
TSLS stock logo

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

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.

TSLS Stock Price History

TSLS ETF News Headlines

Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
TSLS Direxion Daily TSLA Bear 1X Shares ETF
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
See More Headlines
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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
17

Fund Statistics

Assets Under Management
$45.01 million
Average Daily Volume
$0.00
Discount/Premium
0.01%
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
115
Put Options
6
Call Options
109

Miscellaneous

Beta
3.56
Creation Unit
25,000
Creation Fee
$250.00
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Direxion Daily TSLA Bear 1X Shares Expenses

TypeTSLSSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%1.00%0.54%0.48%0.51%
Other Expenses0.24%0.30%0.54%0.34%0.58%
Total Expense0.99%1.11%0.70%0.58%0.70%
Fee Waiver-0.02%-0.12%-0.55%-0.22%-0.57%
Net Expense0.97%1.05%0.60%0.54%0.58%

Direxion Daily TSLA Bear 1X Shares (TSLS) Holdings

Top 7 TSLS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 57.06%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 13.98%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 13.59%
  • TESLA INC SWAP
    Holding Weight: -20.49%
  • TESLA INC Swap
    Holding Weight: -21.07%
  • TESLA INC SWAP
    Holding Weight: -21.76%
  • TESLA INC SWAP
    Holding Weight: -36.68%

TSLS ETF - Frequently Asked Questions

How have TSLS shares performed in 2024?

Direxion Daily TSLA Bear 1X Shares' stock was trading at $18.81 on January 1st, 2024. Since then, TSLS shares have increased by 33.9% and is now trading at $25.18.
View the best growth stocks for 2024 here
.

Are investors shorting Direxion Daily TSLA Bear 1X Shares?

Direxion Daily TSLA Bear 1X Shares saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 121,400 shares, a decline of 27.7% from the April 15th total of 167,900 shares. Based on an average daily trading volume, of 1,416,600 shares, the short-interest ratio is currently 0.1 days.
View Direxion Daily TSLA Bear 1X Shares' Short Interest
.

How often does Direxion Daily TSLA Bear 1X Shares pay dividends? What is the dividend yield for Direxion Daily TSLA Bear 1X Shares?

Direxion Daily TSLA Bear 1X Shares declared a quarterly dividend on Monday, March 18th. Investors of record on Wednesday, March 20th will be paid a dividend of $0.2399 per share on Tuesday, March 26th. This represents a $0.96 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend is Tuesday, March 19th. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for TSLS
.

What does TSLS invest in?

Direxion Daily TSLA Bear 1X Shares is a equity fund issued by Direxion. TSLS focuses on single stock investments. The fund's investments total to approximately $45.01 million assets under management.

What is the management fee for Direxion Daily TSLA Bear 1X Shares?

Direxion Daily TSLA Bear 1X Shares' management fee is 0.75% and has other expenses of 0.24%. However, TSLS has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for TSLS is 0.97%.

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

Direxion Daily TSLA Bear 1X Shares' stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (5.46%) and Wakefield Asset Management LLLP (1.03%).

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.

This page (NASDAQ:TSLS) was last updated on 5/10/2024 by MarketBeat.com Staff

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