Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) were down 6.7% during mid-day trading on Thursday . The company traded as low as $10.87 and last traded at $11.32. Approximately 27,656,634 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 54,606,998 shares. The stock had previously closed at $12.13.
Direxion Daily TSLA Bull 2X Shares Price Performance
The stock has a market capitalization of $1.43 billion, a P/E ratio of 38.91 and a beta of -5.14. The firm's 50 day moving average price is $22.00 and its 200 day moving average price is $18.96.
Direxion Daily TSLA Bull 2X Shares Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.
Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares
Hedge funds and other institutional investors have recently modified their holdings of the company. PayPay Securities Corp bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $50,000. Bank of Montreal Can bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $92,000. Morse Asset Management Inc bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at about $119,000. Optiver Holding B.V. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $240,000. Finally, Aire Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $241,000.
About Direxion Daily TSLA Bull 2X Shares
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