Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 35,820,000 shares, a growth of 90.8% from the December 31st total of 18,770,000 shares. Based on an average daily volume of 73,516,700 shares, the short-interest ratio is presently 0.5 days.
Direxion Daily TSLA Bull 2X Shares Stock Up 4.2 %
NASDAQ TSLL traded up $1.01 during mid-day trading on Tuesday, hitting $24.97. The stock had a trading volume of 43,830,462 shares, compared to its average volume of 63,306,961. The company has a 50 day simple moving average of $28.09 and a 200 day simple moving average of $17.79. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $4.94 and a 52-week high of $41.50.
Direxion Daily TSLA Bull 2X Shares Cuts Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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
Institutional investors and hedge funds have recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $213,000. TB Alternative Assets Ltd. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $2,794,000. Citigroup Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $51,145,000. Captrust Financial Advisors lifted its stake in Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company's stock valued at $660,000 after buying an additional 3,246 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its holdings in Direxion Daily TSLA Bull 2X Shares by 5.0% during the 3rd quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company's stock valued at $636,000 after buying an additional 2,204 shares during the last quarter.
About Direxion Daily TSLA Bull 2X Shares
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