Stock Traders Purchase Large Volume of Call Options on Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by Linda Flegge on May 1st, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the target of some unusual options trading on Monday. Stock investors bought 31,126 call options on the company. This is an increase of approximately 91% compared to the average volume of 16,322 call options.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Investment Advisory Services LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at approximately $29,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $144,000. Bison Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $232,000. Sloy Dahl & Holst LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $223,000. Finally, TRUE Private Wealth Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 10.2% during the third 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 in the last quarter.

Direxion Daily TSLA Bull 2X Shares Stock Performance

TSLL opened at $8.33 on Wednesday. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $21.09. The firm has a market cap of $952.95 million, a P/E ratio of 36.80 and a beta of -5.14. The business has a 50 day moving average price of $8.00 and a 200 day moving average price of $10.91.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were given a dividend of $0.0788 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend was Tuesday, March 19th.