Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume - Should You Buy?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares saw an uptick in trading volume on Monday . 38,667,719 shares changed hands during trading, an increase of 6% from the previous session's volume of 36,471,043 shares.The stock last traded at $14.09 and had previously closed at $13.80.

Direxion Daily TSLA Bull 2X Shares Price Performance

The business's fifty day moving average price is $10.88 and its 200 day moving average price is $9.77. The stock has a market cap of $2.67 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.0803 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.45%. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 24th.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently added to or reduced their stakes in TSLL. Headlands Technologies LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $54,000. Beacon Capital Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at about $120,000. AE Wealth Management LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company's stock valued at $133,000 after purchasing an additional 2,000 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $213,000. Finally, Sloy Dahl & Holst LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $223,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Read More

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

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

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

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines