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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up - Here's Why

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $28.17, but opened at $29.87. Direxion Daily TSLA Bull 2X Shares shares last traded at $29.21, with a volume of 18,764,287 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Up 0.2 %

The firm has a market capitalization of $4.92 billion, a P/E ratio of 40.38 and a beta of -5.14. The firm has a 50 day moving average of $23.95 and a 200-day moving average of $15.58.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Morse Asset Management Inc bought a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $119,000. AE Wealth Management LLC increased its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% in the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company's stock valued at $133,000 after acquiring an additional 2,000 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $152,000. B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter valued at approximately $213,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the second quarter worth $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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