Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) Announces Quarterly Dividend of $0.08

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.0756 per share on Tuesday, April 1st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily TSLA Bear 1X Shares Stock Performance

TSLS stock traded down $0.43 during mid-day trading on Tuesday, hitting $10.11. The stock had a trading volume of 9,984,822 shares, compared to its average volume of 5,336,901. Direxion Daily TSLA Bear 1X Shares has a 1-year low of $6.82 and a 1-year high of $31.83. The company has a fifty day moving average of $9.76 and a 200 day moving average of $11.25.

About Direxion Daily TSLA Bear 1X Shares

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.