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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 4.4% - What's Next?

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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s stock price were up 4.4% during trading on Thursday . The company traded as high as $11.18 and last traded at $11.01. Approximately 65,307,631 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 111,058,109 shares. The stock had previously closed at $10.55.

Direxion Daily TSLA Bull 2X Shares Trading Down 3.4 %

The firm has a 50-day moving average of $16.98 and a two-hundred day moving average of $18.91. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 47.43 and a beta of 2.63.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be issued a $0.0845 dividend. This represents a $0.34 annualized dividend and a yield of 3.55%. The ex-dividend date is Tuesday, March 25th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

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

Large investors have recently bought and sold shares of the business. Simplex Trading LLC grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% during the fourth quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock valued at $12,805,000 after purchasing an additional 324,332 shares during the last quarter. Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $7,433,000. SBI Securities Co. Ltd. bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $5,752,000. Lauer Wealth LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $5,285,000. Finally, Simplify Asset Management Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $5,014,000.

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Direxion Daily TSLA Bull 2X Shares Company Profile

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