Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 7.8% Higher – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price were up 7.8% during trading on Friday . The stock traded as high as $27.82 and last traded at $28.21. Approximately 11,074,512 shares were traded during trading, a decline of 82% from the average daily volume of 60,439,766 shares. The stock had previously closed at $26.18.

Direxion Daily TSLA Bull 2X Shares Trading Up 9.4 %

The company has a market capitalization of $5.45 billion, a PE ratio of 40.38 and a beta of -5.14. The stock has a fifty day moving average of $27.94 and a two-hundred day moving average of $17.59.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $916,000. JPMorgan Chase & Co. grew its position in Direxion Daily TSLA Bull 2X Shares by 248.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock worth $2,192,000 after acquiring an additional 113,068 shares during the last quarter. TB Alternative Assets Ltd. purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $2,794,000. Lauer Wealth LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $5,285,000. Finally, Client First Investment Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $327,000.

Direxion Daily TSLA Bull 2X Shares Company Profile