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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Strong Trading Volume - Time to Buy?

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Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw an uptick in trading volume on Tuesday . 43,359,450 shares changed hands during mid-day trading, a decline of 28% from the previous session's volume of 60,483,910 shares.The stock last traded at $7.36 and had previously closed at $8.34.

Direxion Daily TSLA Bull 2X Shares Trading Up 10.8 %

The stock's 50-day moving average price is $18.73 and its 200-day moving average price is $18.83. The company has a market capitalization of $1.75 billion, a P/E ratio of 43.99 and a beta of -5.14.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $916,000. Sloy Dahl & Holst LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $2,352,000. JPMorgan Chase & Co. lifted its position in Direxion Daily TSLA Bull 2X Shares by 248.3% in the 3rd 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. SBI Securities Co. Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,752,000. Finally, Lauer Wealth LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,285,000.

About Direxion Daily TSLA Bull 2X Shares

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