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

Posted by Joseph Casey on Apr 10th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) saw an uptick in trading volume on Monday . 103,908,452 shares changed hands during trading, an increase of 43% from the previous session’s volume of 72,632,890 shares.The stock last traded at $6.52 and had previously closed at $7.94.

Direxion Daily TSLA Bull 2X Shares Stock Up 45.2 %

The company has a market cap of $4.30 billion, a PE ratio of 47.43 and a beta of -5.14. The company has a 50-day moving average of $14.00 and a 200-day moving average of $18.73.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.0845 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 annualized dividend and a dividend yield of 3.43%. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08.

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

Hedge funds have recently modified their holdings of the stock. Simplify Asset Management Inc. bought a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $5,014,000. SG Americas Securities LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in 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 valued at approximately $2,352,000. JPMorgan Chase & Co. raised its holdings 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 valued at $2,192,000 after acquiring an additional 113,068 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $5,752,000.