Direxion Daily TSLA Bear 1X Shares (TSLS)

• Market cap: $48.8M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

101% more call options, than puts

Call options by funds: $149K | Put options by funds: $74K

11.38% less ownership

Funds ownership: 22.25% [Q1] → 10.87% (-11.38%) [Q2]

56% less funds holding

Funds holding: 16 [Q1] → 7 (-9) [Q2]

62% less capital invested

Capital invested by funds: $13.8M [Q1] → $5.21M (-$8.56M) [Q2]

80% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 5

90% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 10