Direxion Daily TSLA Bear 1X Shares (TSLS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
57.48 USD
+0.88
(1.555%)
⇧
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 19, 2026, 1:11 a.m. EDT
This leveraged inverse ETF (Bear TSLA) is in an existential crisis trap. The dividend record is nonsensical and violent—payouts shrinking from 161.9 (2022) to 0.3 (2026)—indicating the fund is eroding capital to pay out an arbitrary 'yield' while the underlying asset (TSLA) likely inverts or stagnates. The fundamental data suggests this structure is collapsing or undergoing a mandatory reverse split (news confirms Direxion split announcements). The massive dividend drop and price collapse (1197 -> 60 over 52 weeks) show a broken leverage mechanism. Do not touch this; it is a value trap and a liquidity risk. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 1.217841 |
| MSTL | 1.227280 |
| AutoETS | 1.228079 |
| AutoARIMA | 1.228396 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 1519.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.024 |
| Excess Kurtosis | -1.94 |
As of April 19, 2026, 1:11 a.m. EDT: Options flow shows a near-total absence of put activity (OTM volume 0 in May, extremely low in Jun/Sep), indicating no speculative hedging against further price declines. Conversely, call volume is heavily skewed toward OTM strikes (50-75 range) with significant IVs, suggesting speculators are positioning for significant upside jumps or volatility expansion above current levels (~65). The stark 20:1 call-to-put volume ratio suggests massive naked call exposure, but the recent price action (downward trend in April) contradicts this bullish flow, implying passive holding of calls rather than active bullish positioning.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.58% | 3.09% | 3.65% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.338 | 0.576104 |
| 2025-12-23 | 4.900 | 1.048524 |
| 2025-09-23 | 4.000 | 0.722060 |
| 2025-06-24 | 5.300 | 0.741178 |
| 2025-03-25 | 7.600 | 0.775227 |
| 2024-12-23 | 6.600 | 0.903257 |
| 2024-09-24 | 13.900 | 0.983850 |
| 2024-06-25 | 16.800 | 0.798615 |
| 2024-03-19 | 24.000 | 0.978183 |
| 2023-12-21 | 22.900 | 1.340726 |
| 2023-09-19 | 18.000 | 1.069527 |
| 2023-06-21 | 18.600 | 1.025791 |
| 2023-03-21 | 25.500 | 1.030986 |
| 2022-12-20 | 5.600 | 0.138688 |
| 2022-12-08 | 161.900 | 4.977908 |
| 2022-09-20 | 2.300 | 0.116127 |
| Attribute | Value |
|---|---|
| All Time High | 5,805.0 |
| All Time Low | 18.79 |
| Ask | 57.59 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 860,310 |
| Average Daily Volume3 Month | 986,696 |
| Average Volume | 986,696 |
| Average Volume10Days | 860,310 |
| Beta3 Year | -1.64 |
| Bid | 57.4 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 57.62 |
| Day Low | 56.41 |
| Dividend Yield | 2.92 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 226.8448 |
| Fifty Day Average Change | -169.3648 |
| Fifty Day Average Change Percent | -0.74661094 |
| Fifty Two Week Change Percent | -94.58757 |
| Fifty Two Week High | 1,091.0 |
| Fifty Two Week High Change | -1,033.52 |
| Fifty Two Week High Change Percent | -0.9473144 |
| Fifty Two Week Low | 54.21 |
| Fifty Two Week Low Change | 3.2700005 |
| Fifty Two Week Low Change Percent | 0.060320985 |
| Fifty Two Week Range | 54.21 - 1091.0 |
| First Trade Date Milliseconds | 1,660,138,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,659,916,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the it’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to TSLA, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily TSLA Bear 1X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1772858724 |
| Nav Price | 56.593 |
| Net Assets | 69,923,288.0 |
| Net Expense Ratio | 0.95 |
| Open | 56.62 |
| Phone | 866-476-7523 |
| Pre Market Change | -0.5426979 |
| Pre Market Change Percent | -0.94415087 |
| Pre Market Price | 56.9373 |
| Pre Market Time | 1,776,849,237 |
| Previous Close | 56.6 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.880001 |
| Regular Market Change Percent | 1.55477 |
| Regular Market Day High | 57.62 |
| Regular Market Day Low | 56.41 |
| Regular Market Day Range | 56.41 - 57.62 |
| Regular Market Open | 56.62 |
| Regular Market Previous Close | 56.6 |
| Regular Market Price | 57.48 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 745,126 |
| Short Name | Direxion Daily TSLA Bear 1X ETF |
| Source Interval | 15 |
| Symbol | TSLS |
| Three Year Average Return | -0.4230206 |
| Total Assets | 69,923,288 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.44482 |
| Trailing Three Month Returns | 19.44482 |
| Triggerable | 1 |
| Two Hundred Day Average | 508.3587 |
| Two Hundred Day Average Change | -450.8787 |
| Two Hundred Day Average Change Percent | -0.8869302 |
| Type Disp | ETF |
| Volume | 745,126 |
| Yield | 0.0292 |
| Ytd Return | 19.44482 |