Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 8.7% - Here's Why

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares rose 8.7% on Friday . The company traded as high as $22.90 and last traded at $22.64. Approximately 37,252,425 shares changed hands during trading, a decline of 9% from the average daily volume of 40,961,301 shares. The stock had previously closed at $20.83.

Direxion Daily TSLA Bull 2X Shares Stock Up 7.3 %

The stock has a fifty day simple moving average of $13.49 and a 200-day simple moving average of $11.02. The company has a market capitalization of $4.29 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were paid a $0.0803 dividend. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 annualized dividend and a yield of 1.44%.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Several large investors have recently modified their holdings of the business. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Beacon Capital Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at about $120,000. AE Wealth Management LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company's stock worth $133,000 after purchasing an additional 2,000 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter worth approximately $213,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $366,000.

About Direxion Daily TSLA Bull 2X Shares

(Get Free Report)

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.

While Direxion Daily TSLA Bull 2X Shares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

3 High Short Interest Stocks You Need to Watch

3 High Short Interest Stocks You Need to Watch

Learn how to navigate high short-interest stocks and identify the best entry points for your portfolio. Check out these 3 high short interest stocks to watch.

Recent Videos

How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains
5 REITs Poised for Growth in 2025 – Top Real Estate Investments to Watch
GameStop’s Cash Pile Grows: Will This Be Enough to Save the Company?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines