Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase - Still a Buy?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares saw an uptick in trading volume on Friday . 27,139,621 shares changed hands during trading, a decline of 36% from the previous session's volume of 42,602,066 shares.The stock last traded at $31.62 and had previously closed at $32.80.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The stock has a market cap of $5.85 billion, a PE ratio of 40.38 and a beta of -5.14. The company's 50-day moving average price is $19.41 and its 200 day moving average price is $13.71.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were given a $0.3004 dividend. The ex-dividend date was Thursday, December 12th. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous dividend of $0.08.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently modified their holdings of TSLL. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Beacon Capital Management LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $120,000. AE Wealth Management LLC boosted its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company's stock worth $133,000 after purchasing an additional 2,000 shares during the period. Sanctuary Advisors LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $152,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $213,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

See Also

Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?

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

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025
Investing in Quantum Computing: Is Rigetti the Stock to Watch?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines