Free Trial

Direxion Daily TSLA Bull 2X Shares Sees Unusually Large Options Volume (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares logo with background
Remove Ads

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) was the recipient of some unusual options trading on Monday. Stock traders acquired 133,925 call options on the stock. This is an increase of approximately 16% compared to the typical daily volume of 115,476 call options.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently made changes to their positions in TSLL. PayPay Securities Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $50,000. Bank of Montreal Can bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $92,000. Morse Asset Management Inc purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth approximately $119,000. Sanctuary Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $152,000. Finally, Optiver Holding B.V. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $240,000.

Direxion Daily TSLA Bull 2X Shares Trading Down 7.8 %

Shares of NASDAQ TSLL traded down $0.83 during midday trading on Friday, hitting $9.79. 130,785,398 shares of the company's stock were exchanged, compared to its average volume of 66,914,292. The business's fifty day moving average price is $17.38 and its two-hundred day moving average price is $18.80. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $4.94 and a 12-month high of $41.50.

Remove Ads

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a $0.0845 dividend. 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 is Tuesday, March 25th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.45%.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

See Also

Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?

Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.

While Direxion Daily TSLA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads