NASDAQ:TSLS

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

$24.32
+0.47 (+1.97%)
(As of 05/15/2024 ET)
Today's Range
$23.53
$24.46
50-Day Range
$21.92
$31.16
52-Week Range
$17.11
$32.22
Volume
1.10 million shs
Average Volume
1.36 million shs
Market Capitalization
$64.45 million
Assets Under Management
$54.88 million
Dividend Yield
3.41%
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

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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
$54.88 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
204
Put Options
40
Call Options
164

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 at the start of the year. Since then, TSLS stock has increased by 29.3% and is now trading at $24.32.
View the best growth stocks for 2024 here
.

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 announced a quarterly dividend on Monday, March 18th. Investors of record on Wednesday, March 20th will be given a dividend of $0.2399 per share on Tuesday, March 26th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Tuesday, March 19th. This is a positive change 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 $54.88 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 retail and institutional 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 5/16/2024 by MarketBeat.com Staff

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