Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) were up 7.7% on Tuesday . The company traded as high as $7.21 and last traded at $7.30. Approximately 24,605,591 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 80,754,721 shares. The stock had previously closed at $6.78.
Direxion Daily TSLA Bull 2X Shares Stock Up 11.9 %
The stock's 50-day moving average price is $11.18 and its 200-day moving average price is $18.40. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 48.19 and a beta of -5.14.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.0845 per share. This represents a $0.34 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares
A number of institutional investors and hedge funds have recently modified their holdings of the business. PFG Investments LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth approximately $102,000. Beacon Capital Management LLC lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 228.5% during the first quarter. Beacon Capital Management LLC now owns 17,474 shares of the company's stock worth $166,000 after acquiring an additional 12,155 shares in the last quarter. GEM Asset Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $306,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $97,000. Finally, IMC Chicago LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $213,000.
About Direxion Daily TSLA Bull 2X Shares
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