Virtu Financial LLC Buys New Shares in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Virtu Financial LLC bought a new stake in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 249,580 shares of the company’s stock, valued at approximately $2,009,000. Virtu Financial LLC owned about 3.68% of Direxion Daily TSLA Bear 1X Shares at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IMC Chicago LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $1,598,000. SBI Securities Co. Ltd. acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $247,000. RMR Capital Management LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $107,000. Ridgecrest Wealth Partners LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $96,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Direxion Daily TSLA Bear 1X Shares during the fourth quarter worth about $80,000.

Direxion Daily TSLA Bear 1X Shares Stock Performance

Shares of NASDAQ:TSLS opened at $11.95 on Friday. The business has a 50-day moving average of $9.71 and a two-hundred day moving average of $11.33. Direxion Daily TSLA Bear 1X Shares has a 12 month low of $6.82 and a 12 month high of $31.83.

Direxion Daily TSLA Bear 1X Shares Company 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.