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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 6.2% - Time to Buy?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s share price shot up 6.2% during mid-day trading on Wednesday . The stock traded as high as $18.34 and last traded at $18.42. 45,890,298 shares traded hands during trading, a decline of 29% from the average session volume of 64,916,602 shares. The stock had previously closed at $17.35.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $3.91 billion, a PE ratio of 40.38 and a beta of -5.14. The company's 50-day moving average price is $27.83 and its 200-day moving average price is $18.31.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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 institutional investors and hedge funds have recently bought and sold shares of the stock. Citigroup Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $51,145,000. Simplex Trading LLC lifted its position in Direxion Daily TSLA Bull 2X Shares by 230.3% in the fourth quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock valued at $12,805,000 after acquiring an additional 324,332 shares during the last quarter. Barclays PLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $7,433,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $5,752,000. Finally, TB Alternative Assets Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $2,794,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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Further Reading

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.

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