Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 4.5% – Here’s Why

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report)’s stock price were up 4.5% during trading on Friday . The company traded as high as $20.30 and last traded at $20.10. Approximately 98,076,833 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 160,330,875 shares. The stock had previously closed at $19.24.

Direxion Daily TSLA Bull 2X Shares Trading Up 4.8%

The company has a market cap of $7.91 billion, a P/E ratio of 88.55 and a beta of -5.14. The business’s fifty day moving average is $16.46 and its 200 day moving average is $13.19.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were issued a $0.0893 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 23rd.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of TSLL. Beaird Harris Wealth Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $25,000. Strategic Investment Solutions Inc. IL bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $33,000. Atticus Wealth Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $35,000. Toth Financial Advisory Corp raised its holdings in Direxion Daily TSLA Bull 2X Shares by 99.2% during the 3rd quarter. Toth Financial Advisory Corp now owns 1,657 shares of the company’s stock valued at $35,000 after acquiring an additional 825 shares during the period. Finally, Headlands Technologies LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $52,000.

About Direxion Daily TSLA Bull 2X Shares

(Get Free Report)

Further Reading

Receive News & Ratings for Direxion Daily TSLA Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily TSLA Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.