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Market Impact: 0.2
TSLL, KMLI: Big ETF Outflows
Source: Nasdaq
Market Technicals & FlowsAutomotive & EV
Direxion Daily TSLA Bull 2X ETF recorded the largest weekly outflow among ETFs covered by ETF Channel, with 18.875 million units destroyed. Shares outstanding fell 4.8% week over week, indicating reduced positioning in the leveraged bullish Tesla ETF.
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Overall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
TSLA-0.10
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