Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s stock price shot up 8.5% during mid-day trading on Wednesday . The stock traded as high as $7.58 and last traded at $7.36. 94,688,058 shares changed hands during trading, an increase of 26% from the average session volume of 75,129,020 shares. The stock had previously closed at $6.79.
Direxion Daily TSLA Bull 2X Shares Price Performance
The business has a 50-day simple moving average of $12.70 and a 200 day simple moving average of $18.62. The firm has a market cap of $4.31 billion, a PE ratio of 47.43 and a beta of -5.14.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0845 dividend. This represents a $0.34 annualized dividend and a yield of 4.02%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.
Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares
Large investors have recently added to or reduced their stakes in the company. Simplify Asset Management Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $5,014,000. SG Americas Securities LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $916,000. Sloy Dahl & Holst LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $2,352,000. JPMorgan Chase & Co. raised its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% during the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company's stock valued at $2,192,000 after acquiring an additional 113,068 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $5,752,000.
About Direxion Daily TSLA Bull 2X Shares
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