TB Alternative Assets Ltd. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 202,151 shares of the company's stock, valued at approximately $2,794,000. Direxion Daily TSLA Bull 2X Shares comprises 0.7% of TB Alternative Assets Ltd.'s holdings, making the stock its 27th largest position. TB Alternative Assets Ltd. owned about 0.10% of Direxion Daily TSLA Bull 2X Shares at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Traynor Capital Management Inc. grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 14.4% in the second quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company's stock valued at $4,028,000 after purchasing an additional 55,194 shares in the last quarter. Clarity Capital Partners LLC raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% during the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company's stock worth $1,272,000 after acquiring an additional 83,110 shares in the last quarter. Scientech Research LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at $869,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $522,000. Finally, TRUE Private Wealth Advisors lifted its stake in Direxion Daily TSLA Bull 2X Shares by 2.7% in the second quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company's stock valued at $403,000 after buying an additional 1,142 shares during the last quarter.
Direxion Daily TSLA Bull 2X Shares Trading Down 1.6 %
Shares of NASDAQ TSLL traded down $0.15 during midday trading on Monday, reaching $9.47. 34,609,681 shares of the company were exchanged, compared to its average volume of 35,154,105. The stock has a market cap of $1.93 billion, a P/E ratio of 40.38 and a beta of -5.14. The stock has a fifty day simple moving average of $10.73 and a 200 day simple moving average of $9.67. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $16.85.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were issued a $0.0803 dividend. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a yield of 3.39%. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
About Direxion Daily TSLA Bull 2X Shares
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