Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up - Still a Buy?

Direxion Daily TSLA Bull 2X Shares logo with background
Remove Ads

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $9.52, but opened at $9.86. Direxion Daily TSLA Bull 2X Shares shares last traded at $9.95, with a volume of 65,445,001 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Down 20.8 %

The company has a market capitalization of $3.45 billion, a PE ratio of 47.43 and a beta of -5.14. The company's 50 day moving average price is $15.11 and its 200-day moving average price is $18.77.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.0845 per share. The ex-dividend date was Tuesday, March 25th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 4.26%.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. PayPay Securities Corp acquired a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $50,000. Bank of Montreal Can acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $92,000. Morse Asset Management Inc purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $119,000. Sanctuary Advisors LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $152,000. Finally, Optiver Holding B.V. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $240,000.

Remove Ads

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Read More

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

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

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

Featured Articles and Offers

Recent Videos

Congress Bought THESE Stocks as Tariffs Tanked the Market
5 Stocks to BUY Now as Tariff Uncertainty Fades
WWE Stock Could Explode Next Week — Now’s the Time to Buy Into TKO

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads