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

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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $7.47, but opened at $7.87. Direxion Daily TSLA Bull 2X Shares shares last traded at $7.83, with a volume of 32,079,339 shares traded.

Direxion Daily TSLA Bull 2X Shares Stock Up 10.8 %

The stock has a 50 day simple moving average of $18.73 and a 200 day simple moving average of $18.90. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TSLL. Citigroup Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth about $51,145,000. Captrust Financial Advisors lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company's stock worth $660,000 after acquiring an additional 3,246 shares in the last quarter. TRUE Private Wealth Advisors increased its holdings in Direxion Daily TSLA Bull 2X Shares by 5.0% in the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company's stock valued at $636,000 after buying an additional 2,204 shares during the last quarter. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Finally, Sanctuary Advisors LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $152,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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