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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Reaches New 52-Week High - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) reached a new 52-week high on Friday . The company traded as high as $25.43 and last traded at $24.84, with a volume of 15928220 shares trading hands. The stock had previously closed at $24.39.

Direxion Daily TSLA Bull 2X Shares Stock Up 10.7 %

The stock has a 50 day simple moving average of $15.72 and a two-hundred day simple moving average of $12.16. The stock has a market capitalization of $5.18 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a $0.0803 dividend. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a yield of 1.19%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors and hedge funds have recently made changes to their positions in the company. TRUE Private Wealth Advisors lifted its stake in Direxion Daily TSLA Bull 2X Shares by 2.7% in the 2nd quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company's stock valued at $403,000 after purchasing an additional 1,142 shares during the last quarter. AE Wealth Management LLC lifted its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% in the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company's stock valued at $133,000 after purchasing an additional 2,000 shares during the last quarter. Captrust Financial Advisors lifted its stake in Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company's stock valued at $660,000 after purchasing an additional 3,246 shares during the last quarter. Morse Asset Management Inc bought a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at approximately $119,000. Finally, Sanctuary Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at approximately $152,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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Further Reading

Should you invest $1,000 in Direxion Daily TSLA Bull 2X Shares right now?

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