Significant ETF Outflows: TSLA Bull and Consumer Services ETFs
In the latest week, the Direxion Daily TSLA Bull 1.5X Shares experienced the largest outflow, with 27,275,000 units lost, marking a 6.0% decrease. This decline occurred while Tesla’s stock was down approximately 0.2% in morning trading.
Additionally, the ProShares UltraShort Consumer Services ETF saw a substantial outflow, losing 150,000 units. This represents a sharp 35.2% decline in outstanding units compared to the previous week.
VIDEO: TSLL, SCC: Big ETF Outflows
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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