Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sets New 1-Year Low at $5.11

Posted by Joseph Casey on Apr 24th, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) reached a new 52-week low on Monday . The company traded as low as $5.11 and last traded at $5.11, with a volume of 3728327 shares. The stock had previously closed at $5.57.

Direxion Daily TSLA Bull 2X Shares Stock Up 3.9 %

The business’s fifty day simple moving average is $8.21 and its two-hundred day simple moving average is $11.21. The company has a market cap of $579.69 million, a price-to-earnings ratio of 36.80 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were issued a $0.0788 dividend. The ex-dividend date was Tuesday, March 19th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.85%.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of institutional investors have recently modified their holdings of the business. Smith Anglin Financial LLC increased its stake in Direxion Daily TSLA Bull 2X Shares by 266.5% in the 4th quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock valued at $570,000 after buying an additional 28,838 shares during the period. TRUE Private Wealth Advisors raised its stake in Direxion Daily TSLA Bull 2X Shares by 10.2% in the 3rd quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock valued at $593,000 after purchasing an additional 3,563 shares during the last quarter. Simplex Trading LLC raised its stake in Direxion Daily TSLA Bull 2X Shares by 122.1% in the 3rd quarter. Simplex Trading LLC now owns 95,631 shares of the company’s stock valued at $1,479,000 after purchasing an additional 52,579 shares during the last quarter. First City Capital Management Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $1,053,000. Finally, Bison Wealth LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $232,000.