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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down - Should You Sell?

Direxion Daily TSLA Bull 2X Shares logo with background

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $21.13, but opened at $20.50. Direxion Daily TSLA Bull 2X Shares shares last traded at $20.61, with a volume of 22,371,782 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Up 11.6 %

The stock has a 50-day simple moving average of $28.04 and a 200 day simple moving average of $18.19. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in TSLL. SG Americas Securities LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $916,000. Sloy Dahl & Holst LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $2,352,000. JPMorgan Chase & Co. grew its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third 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 period. TB Alternative Assets Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $2,794,000. Finally, Lauer Wealth LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $5,285,000.

About Direxion Daily TSLA Bull 2X Shares

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