Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume – What’s Next?

Posted by James Quigley on Mar 20th, 2025

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 43,359,450 shares traded hands during trading, a decline of 28% from the previous session’s volume of 60,483,910 shares.The stock last traded at $7.36 and had previously closed at $8.34.

Direxion Daily TSLA Bull 2X Shares Stock Up 9.0 %

The firm has a market cap of $1.57 billion, a P/E ratio of 43.99 and a beta of -5.14. The stock’s 50-day simple moving average is $19.42 and its 200 day simple moving average is $18.85.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors have recently bought and sold shares of the company. Citigroup Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $51,145,000. Simplex Trading LLC boosted its position in Direxion Daily TSLA Bull 2X Shares by 230.3% during the fourth quarter. Simplex Trading LLC now owns 465,134 shares of the company’s stock valued at $12,805,000 after acquiring an additional 324,332 shares during the last quarter. Barclays PLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $7,433,000. SBI Securities Co. Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $5,752,000. Finally, Lauer Wealth LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $5,285,000.