Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw unusually-high trading volume on Monday after the company announced a dividend. Approximately 47,279,611 shares were traded during trading, a decline of 25% from the previous session's volume of 63,119,978 shares.The stock last traded at $10.44 and had previously closed at $9.04.
The newly announced dividend which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.0845 per share. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, March 25th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.46%.
Direxion Daily TSLA Bull 2X Shares Trading Down 8.0 %
The firm has a 50 day moving average price of $17.38 and a 200 day moving average price of $18.80. The stock has a market capitalization of $1.89 billion, a PE ratio of 43.99 and a beta of -5.14.
Institutional Trading of Direxion Daily TSLA Bull 2X Shares
A number of hedge funds and other institutional investors have recently bought and sold shares of TSLL. Mercer Global Advisors Inc. ADV purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $551,000. Bison Wealth LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $1,514,000. Optiver Holding B.V. purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $240,000. Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company's stock worth $741,000 after purchasing an additional 3,294 shares during the period. Finally, Barclays PLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $7,433,000.
Direxion Daily TSLA Bull 2X Shares Company Profile
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