Direxion Daily TSLA Bear 1X Shares (TSLS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
53.82 USD
+1.68
(3.222%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:05 a.m. EDT
This inverse leveraged product is currently trapped in a severe downtrend, acting as a magnifier of the underlying asset's collapse. The price has plummeted nearly 60% over the last two years, with the most recent annual drop exceeding 50%. While the recent 14-day price action shows a brief, failed attempt to recover, the security remains well below its moving averages, confirming persistent bearish momentum. The options market confirms this despair, with traders placing heavy bets on further declines rather than any recovery. The dividend yield of 3.08% is misleading; it is a result of the stock price collapsing while the issuer continues to distribute capital, a dangerous sign of NAV erosion rather than sustainable income. The statistical forecast model offers a weak bearish lean, which aligns with the broader data but lacks the conviction to override the obvious structural decline. This is a high-risk instrument for investors seeking exposure to a falling knife, with no clear path to recovery visible in the current data. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.090172 |
| MSTL | 0.118142 |
| AutoARIMA | 0.124049 |
| AutoETS | 0.124052 |
| MSTL_109 | 0.218099 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.404 |
| Excess Kurtosis | -0.70 |
As of July 11, 2026, 5:05 a.m. EDT: Speculators are overwhelmingly positioning for a crash. Deep out-of-the-money puts dominate the open interest profile across nearly all expirations, with massive concentrations at strikes far below current prices (e.g., $3-$7 strikes). This indicates a 'naked put' strategy where traders are betting on a catastrophic drop in the underlying asset, likely anticipating a reversal in the bullish trend of the underlying stock. Conversely, call activity is negligible and concentrated in deep out-of-the-money strikes, suggesting minimal hedging or bullish speculation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.60% | 2.93% | 3.37% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.342 | 0.603281 |
| 2026-03-24 | 0.338 | 0.576104 |
| 2025-12-23 | 0.490 | 1.042553 |
| 2025-09-23 | 0.400 | 0.710480 |
| 2025-06-24 | 0.530 | 0.724044 |
| 2025-03-25 | 0.760 | 0.751731 |
| 2024-12-23 | 0.660 | 0.869565 |
| 2024-09-24 | 1.390 | 0.939189 |
| 2024-06-25 | 1.680 | 0.755396 |
| 2024-03-19 | 2.400 | 0.918485 |
| 2023-12-21 | 2.290 | 1.247277 |
| 2023-09-19 | 1.800 | 0.983069 |
| 2023-06-21 | 1.860 | 0.933735 |
| 2023-03-21 | 2.550 | 0.929300 |
| 2022-12-20 | 0.560 | 0.123949 |
| 2022-12-08 | 16.190 | 4.442920 |
| 2022-09-20 | 0.230 | 0.099223 |
| Attribute | Value |
|---|---|
| All Time High | 580.5 |
| All Time Low | 18.79 |
| Ask | 53.87 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 714,800 |
| Average Daily Volume3 Month | 669,055 |
| Average Volume | 669,055 |
| Average Volume10Days | 714,800 |
| Beta3 Year | -1.34 |
| Bid | 53.74 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 54.23 |
| Day Low | 52.51 |
| Dividend Yield | 3.08 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 53.57976 |
| Fifty Day Average Change | 0.24023819 |
| Fifty Day Average Change Percent | 0.0044837487 |
| Fifty Two Week Change Percent | -33.030807 |
| Fifty Two Week High | 82.01 |
| Fifty Two Week High Change | -28.190002 |
| Fifty Two Week High Change Percent | -0.3437386 |
| Fifty Two Week Low | 46.2 |
| Fifty Two Week Low Change | 7.619999 |
| Fifty Two Week Low Change Percent | 0.16493504 |
| Fifty Two Week Range | 46.2 - 82.01 |
| 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 | 52.146 |
| Net Assets | 65,663,088.0 |
| Net Expense Ratio | 0.95 |
| Open | 52.51 |
| Phone | 866-476-7523 |
| Pre Market Change | 0.020000458 |
| Pre Market Change Percent | 0.037161756 |
| Pre Market Price | 53.84 |
| Pre Market Time | 1,784,024,155 |
| Previous Close | 52.14 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.68 |
| Regular Market Change Percent | 3.22209 |
| Regular Market Day High | 54.23 |
| Regular Market Day Low | 52.51 |
| Regular Market Day Range | 52.51 - 54.23 |
| Regular Market Open | 52.51 |
| Regular Market Previous Close | 52.14 |
| Regular Market Price | 53.82 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 373,699 |
| Short Name | Direxion Daily TSLA Bear 1X ETF |
| Source Interval | 15 |
| Symbol | TSLS |
| Three Year Average Return | -0.3140003 |
| Total Assets | 65,663,088 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.71692 |
| Trailing Three Month Returns | -14.71692 |
| Triggerable | 1 |
| Two Hundred Day Average | 54.50464 |
| Two Hundred Day Average Change | -0.684639 |
| Two Hundred Day Average Change Percent | -0.012561114 |
| Type Disp | ETF |
| Volume | 373,699 |
| Yield | 0.0308 |
| Ytd Return | 1.86622 |