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Direxion Daily TSLA Bear 1X Etf

Direxion Daily TSLA Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization59.33 mln

Business Description

This fund aims to deliver the opposite of Tesla's daily stock performance, meaning it is designed to gain value when Tesla's stock falls and lose value when it rises. It achieves this by using financial contracts such as swaps and options rather than holding Tesla shares directly. The fund concentrates its holdings in a single company, so it carries a higher level of risk than a broadly spread investment.

Key Fundamentals

EPS3.90
P/E13.93

Quote Details

Last 54.34
Change 0.3 (0.56%)
Open 54.36
Volume 151,937
Turnover 8,256,256
Average Volume 174,161

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -5.05% 17 / 100   
1 Month 1.17% 77 / 100   
2 Months -4.7% 41 / 100   
6 Months -6.7% 39 / 100   
1 Year 3.86% 55 / 100   



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