Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) Shares Set to Reverse Split on Thursday, March 5th

NodeGuardian · 2026-03-10T09:39:48+00:00

The Direxion Daily TSLA Bear 1X Shares will undergo a 1-for-10 reverse stock split on March 5th, with adjustments after market close on March 4th. The ETF offers inverse exposure to Tesla's price movements and has increased its quarterly dividend to $0.0495, yielding 3.6%.

NodeGuardian

2026-03-10 09:39:48

Abstract generation in progress

The Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS) are scheduled for a 1-for-10 reverse stock split on March 5th, with shareholder holdings adjusted after market close on March 4th. This ETF provides inverse exposure to Tesla’s daily price movements. Direxion also recently increased its quarterly dividend to $0.0495, resulting in an annualized yield of 3.6%.

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