Direxion Daily S&P 500 Bear 1X Shares Price & Performance (SPDN)

SBI Securities Co. Ltd. has acquired 30,648 shares of Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS), valued at $247,000. This move reflects growing interest in inverse ETFs, which provide exposure to Tesla's stock performance. TSLS has experienced significant price fluctuations, with a 52-week range of $6.82 to $31.83.12

Short interest in Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) fell by 27.5% in February, dropping to 533,300 shares. The ETF, which offers inverse exposure to Tesla stock, has seen increased activity among hedge funds, with notable firms adjusting their holdings in the last quarter.23

The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is drawing interest from traders amid recent market turbulence. Technical indicators suggest potential buy and short opportunities near resistance levels of $11.83 and $11.86. SPDN's performance highlights its role as a tool for navigating bearish market conditions.45