Traynor Capital Management Inc. lessened its holdings in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) by 16.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 367,946 shares of the company's stock after selling 69,932 shares during the period. Traynor Capital Management Inc. owned approximately 0.18% of Direxion Daily TSLA Bull 2X Shares worth $5,085,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. TB Alternative Assets Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $2,794,000. Clarity Capital Partners LLC raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% in the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company's stock valued at $1,272,000 after buying an additional 83,110 shares during the period. Scientech Research LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at $869,000. Virtu Financial LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $522,000. Finally, TRUE Private Wealth Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 2.7% during the 2nd quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company's stock valued at $403,000 after acquiring an additional 1,142 shares during the period.
Direxion Daily TSLA Bull 2X Shares Stock Down 2.4 %
NASDAQ:TSLL traded down $0.32 on Tuesday, reaching $12.81. 54,380,707 shares of the company's stock were exchanged, compared to its average volume of 36,772,012. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $4.94 and a 52-week high of $16.85. The business has a fifty day moving average of $10.93 and a 200-day moving average of $9.81.
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 dividend of $0.0803 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 2.51%.
Direxion Daily TSLA Bull 2X Shares Company Profile
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