Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 64,900,000 shares, a decline of 29.8% from the March 15th total of 92,450,000 shares. Based on an average daily volume of 141,315,200 shares, the short-interest ratio is currently 0.5 days. Approximately 12.6% of the company's stock are short sold.
Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares
Several large investors have recently bought and sold shares of TSLL. Simplex Trading LLC grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% in the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock worth $12,805,000 after acquiring an additional 324,332 shares in the last quarter. Barclays PLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $7,433,000. TB Alternative Assets Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth about $2,197,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,752,000. Finally, Lauer Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $5,285,000.
Direxion Daily TSLA Bull 2X Shares Stock Performance
TSLL traded up $0.61 during midday trading on Tuesday, reaching $7.39. 153,758,568 shares of the company were exchanged, compared to its average volume of 81,482,816. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 48.19 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a one year low of $5.12 and a one year high of $41.50. The company's fifty day moving average price is $10.92 and its 200 day moving average price is $18.33.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.0845 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 annualized dividend and a yield of 4.57%. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
Direxion Daily TSLA Bull 2X Shares Company Profile
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