Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, an increase of 53.4% from the February 13th total of 40,370,000 shares. Approximately 32.0% of the shares of the company are short sold. Based on an average daily volume of 85,902,200 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. PayPay Securities Corp acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $50,000. Bank of Montreal Can purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $92,000. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $119,000. Sanctuary Advisors LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $152,000. Finally, Optiver Holding B.V. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $240,000.
Direxion Daily TSLA Bull 2X Shares Trading Up 9.0 %
TSLL traded up $0.67 during midday trading on Wednesday, hitting $8.14. 149,245,141 shares of the company were exchanged, compared to its average volume of 61,499,086. The company's 50 day simple moving average is $19.78 and its 200 day simple moving average is $18.92. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $4.94 and a 1-year high of $41.50.
Direxion Daily TSLA Bull 2X Shares Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.
Direxion Daily TSLA Bull 2X Shares Company Profile
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