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

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw unusually-high trading volume on Monday . Approximately 41,328,570 shares changed hands during trading, an increase of 2% from the previous session's volume of 40,474,609 shares.The stock last traded at $21.00 and had previously closed at $18.71.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market cap of $3.98 billion, a PE ratio of 40.38 and a beta of -5.14. The firm's 50 day moving average is $12.64 and its 200-day moving average is $10.69.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a dividend of $0.0803 per share. This represents a $0.32 annualized dividend and a yield of 1.55%. The ex-dividend date was Tuesday, September 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several large investors have recently bought and sold shares of the business. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $119,000. Beacon Capital Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at about $120,000. AE Wealth Management LLC lifted its holdings in shares of 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 worth $133,000 after acquiring an additional 2,000 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $213,000. Finally, Garden State Investment Advisory Services LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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Further Reading

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

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