Free Trial

Direxion Daily TSLA Bull 2X Shares Target of Unusually Large Options Trading (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 unusually large options trading activity on Tuesday. Traders bought 118,897 call options on the stock. This represents an increase of approximately 18% compared to the average daily volume of 100,546 call options.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of NASDAQ:TSLL traded up $0.98 during trading hours on Friday, hitting $13.45. The stock had a trading volume of 153,546,820 shares, compared to its average volume of 76,608,227. The stock's fifty day simple moving average is $24.71 and its 200 day simple moving average is $18.79. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 38.91 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $4.94 and a 1-year high of $41.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $551,000. Bison Wealth LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $1,514,000. Optiver Holding B.V. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $240,000. Tower Research Capital LLC TRC raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company's stock worth $741,000 after buying an additional 3,294 shares in the last quarter. Finally, Barclays PLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $7,433,000.

Remove Ads

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Featured Stories

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

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