The Direxion Daily TSLA Bear 1X Shares ETF, trading under the ticker TSLS, offers investors a unique opportunity to capitalize on the daily inverse performance of Tesla, Inc., a leading player in the automobile manufacturers niche. This exchange-traded fund is strategically positioned within the Consumer Discretionary sector, providing a focused approach for those who anticipate short-term declines in Tesla's stock value. By delivering a -1X daily exposure, the fund seeks to provide a hedge for bearish traders or those looking to diversify their sector allocation with a contrarian stance on Tesla's market movements. Ideal for sophisticated investors with a keen interest in tactical trading and sector-specific dynamics, TSLS stands out as a versatile financial instrument designed to navigate the volatility and fast-paced changes in the electric vehicle market.
Direxion Daily TSLA Bear 1X Shares (TSLS) Fund Flow Chart
Direxion Daily TSLA Bear 1X Shares (TSLS) 1 year Net Flows: 27M
TSLS ETF FAQ
What was TSLS’s price range in the past 12 months?
TSLS lowest ETF price was 6.82 and its highest was 31.83 in the past 12 months.
What is the AUM of TSLS?
As of Feb 20, 2025 The AUM of TSLS is 55.54M.
Is TSLS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does TSLS pay dividends?
TSLS pays a Quarterly dividend of 0.066 which represents an annual dividend yield of 6.86%. See more information on TSLS dividends here
How many shares outstanding does TSLS have?
TSLS has 6,125,001 shares outstanding.
Which hedge fund is a major shareholder of TSLS?
Currently, no hedge funds are holding shares in TSLS