Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 19,230,000 shares, a decrease of 22.6% from the November 30th total of 24,860,000 shares. Based on an average daily trading volume, of 71,740,500 shares, the short-interest ratio is presently 0.3 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in TSLL. Citigroup Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $51,145,000. TB Alternative Assets Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $2,794,000. JPMorgan Chase & Co. boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company's stock valued at $2,192,000 after purchasing an additional 113,068 shares during the last quarter. Scientech Research LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at approximately $869,000. Finally, Captrust Financial Advisors increased its holdings in Direxion Daily TSLA Bull 2X Shares by 7.3% during the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company's stock worth $660,000 after purchasing an additional 3,246 shares during the last quarter.
Direxion Daily TSLA Bull 2X Shares Stock Performance
Shares of TSLL stock traded down $3.48 during trading hours on Friday, reaching $31.60. The company had a trading volume of 63,855,789 shares, compared to its average volume of 43,119,383. The company has a market capitalization of $6.06 billion, a P/E ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $41.50. The stock's fifty day simple moving average is $22.30 and its 200 day simple moving average is $14.85.
Direxion Daily TSLA Bull 2X Shares Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a $0.1399 dividend. The ex-dividend date of this dividend is Monday, December 23rd.
About Direxion Daily TSLA Bull 2X Shares
(
Get Free Report)
See Also
Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.
While Direxion Daily TSLA Bull 2X Shares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
