Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) rose 6.9% during mid-day trading on Friday . The company traded as high as $21.32 and last traded at $21.30. 21,498,775 shares were traded during mid-day trading, a decline of 48% from the average session volume of 41,140,621 shares. The stock had previously closed at $19.92.
Direxion Daily TSLA Bull 2X Shares Stock Up 7.2 %
The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business has a 50-day moving average price of $14.65 and a 200-day moving average price of $11.60.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were paid a dividend of $0.0803 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 1.50%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Citigroup Inc. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $51,145,000. TB Alternative Assets Ltd. acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $2,794,000. Scientech Research LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $869,000. Virtu Financial LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $522,000. Finally, Traynor Capital Management Inc. increased its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 14.4% in the 2nd quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company's stock valued at $4,028,000 after purchasing an additional 55,194 shares during the period.
About Direxion Daily TSLA Bull 2X Shares
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