Virtu Financial LLC Increases Stock Position in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Virtu Financial LLC boosted its stake in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) by 728.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,816 shares of the company’s stock after buying an additional 166,015 shares during the quarter. Virtu Financial LLC owned 5.55% of Direxion Daily TSLA Bear 1X Shares worth $3,552,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Simplex Trading LLC purchased a new position in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at approximately $181,000. Private Advisor Group LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at approximately $202,000. Jump Financial LLC acquired a new position in shares of Direxion Daily TSLA Bear 1X Shares in the fourth quarter valued at approximately $303,000. Finally, IMC Chicago LLC grew its holdings in shares of Direxion Daily TSLA Bear 1X Shares by 223.5% in the fourth quarter. IMC Chicago LLC now owns 170,608 shares of the company’s stock valued at $3,209,000 after purchasing an additional 117,867 shares in the last quarter.

Direxion Daily TSLA Bear 1X Shares Trading Up 2.6 %

Shares of TSLS stock traded up $0.59 during trading on Friday, reaching $23.64. The company’s stock had a trading volume of 561,321 shares, compared to its average volume of 1,277,291. The stock’s 50-day moving average price is $24.91 and its 200 day moving average price is $23.44. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $17.11 and a 1-year high of $31.83.

Direxion Daily TSLA Bear 1X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were issued a $0.2399 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.06%. This is a boost from Direxion Daily TSLA Bear 1X Shares’s previous quarterly dividend of $0.19.

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.