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

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 yield of 2.99%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily TSLA Bear 1X Shares Price Performance

Shares of NASDAQ TSLS traded down $0.43 during trading hours on Tuesday, hitting $10.11. 9,984,822 shares of the stock were exchanged, compared to its average volume of 5,336,901. Direxion Daily TSLA Bear 1X Shares has a one year low of $6.82 and a one year high of $31.83. The company’s 50 day moving average is $9.76 and its 200 day moving average is $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.