RMR Capital Management LLC Acquires New Stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

RMR Capital Management LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) in the 4th quarter, Holdings Channel reports. The institutional investor bought 13,263 shares of the company’s stock, valued at approximately $107,000.

Separately, Ridgecrest Wealth Partners LLC purchased a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $96,000.

Direxion Daily TSLA Bear 1X Shares Trading Down 2.5 %

Shares of TSLS stock opened at $7.82 on Thursday. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $6.82 and a 1-year high of $31.83. The firm’s 50-day simple moving average is $8.27 and its 200-day simple moving average is $13.36.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0665 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.