PayPay Securities Corp Buys Shares of 8,148 Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

PayPay Securities Corp purchased a new position in shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,148 shares of the company’s stock, valued at approximately $66,000. Direxion Daily TSLA Bear 1X Shares accounts for about 2.9% of PayPay Securities Corp’s investment portfolio, making the stock its 5th biggest holding. PayPay Securities Corp owned 0.12% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ridgecrest Wealth Partners LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at $96,000. RMR Capital Management LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $107,000. Finally, IMC Chicago LLC acquired a new stake in shares of Direxion Daily TSLA Bear 1X Shares in the 4th quarter valued at about $1,598,000.

Direxion Daily TSLA Bear 1X Shares Stock Down 5.8 %

TSLS stock opened at $8.84 on Friday. Direxion Daily TSLA Bear 1X Shares has a fifty-two week low of $6.82 and a fifty-two week high of $31.83. The business has a 50-day moving average of $7.99 and a 200-day moving average of $12.74.

Direxion Daily TSLA Bear 1X Shares Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given 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.