Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Here’s What Happened

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $11.85, but opened at $11.41. Direxion Daily TSLA Bull 2X Shares shares last traded at $10.82, with a volume of 55,323,540 shares.

Direxion Daily TSLA Bull 2X Shares Trading Down 7.9 %

The stock has a market capitalization of $2.11 billion, a PE ratio of 43.99 and a beta of -5.14. The business has a fifty day moving average price of $18.13 and a 200-day moving average price of $18.91.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.0845 per share. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Tuesday, March 25th.

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

A number of institutional investors have recently made changes to their positions in the business. Simplify Asset Management Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $5,014,000. SG Americas Securities LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $916,000. Sloy Dahl & Holst LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $2,352,000. JPMorgan Chase & Co. lifted its position in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after purchasing an additional 113,068 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $5,752,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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