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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 7.6% Higher - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares rose 7.6% during trading on Tuesday . The company traded as high as $34.86 and last traded at $34.27. Approximately 18,169,454 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 42,874,078 shares. The stock had previously closed at $31.85.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market cap of $6.99 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The company has a fifty day moving average of $20.28 and a two-hundred day moving average of $14.13.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.1399 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TSLL. Morse Asset Management Inc bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth about $119,000. AE Wealth Management LLC increased its holdings in Direxion Daily TSLA Bull 2X Shares by 16.0% in the second 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. Sanctuary Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $152,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd 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 2nd quarter valued at $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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