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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 7.8% - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) were up 7.8% during trading on Friday . The company traded as high as $27.82 and last traded at $28.21. Approximately 11,074,512 shares changed hands during trading, a decline of 82% from the average daily volume of 60,439,766 shares. The stock had previously closed at $26.18.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company's 50-day simple moving average is $28.09 and its two-hundred day simple moving average is $17.79. The firm has a market capitalization of $4.77 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given 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

Several large investors have recently added to or reduced their stakes in the company. PayPay Securities Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $50,000. Morse Asset Management Inc bought a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $119,000. Global Retirement Partners LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at approximately $275,000. Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $152,000. Finally, Client First Investment Management LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $327,000.

About Direxion Daily TSLA Bull 2X Shares

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