Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 8.1% Higher – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) shares shot up 8.1% during mid-day trading on Monday . The company traded as high as $17.88 and last traded at $17.9310. 77,456,647 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 157,083,953 shares. The stock had previously closed at $16.58.

Direxion Daily TSLA Bull 2X Shares Stock Up 2.1%

The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 88.55 and a beta of 2.85. The company has a 50-day moving average price of $19.51 and a 200 day moving average price of $14.90.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were given a dividend of $0.0893 per share. The ex-dividend date was Tuesday, September 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 2.1%.

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

A number of large investors have recently made changes to their positions in TSLL. Cerity Partners LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $267,000. Norden Group LLC lifted its position in Direxion Daily TSLA Bull 2X Shares by 478.2% in the 2nd quarter. Norden Group LLC now owns 69,500 shares of the company’s stock worth $821,000 after buying an additional 57,480 shares in the last quarter. Carr Financial Group Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $319,000. Sloy Dahl & Holst LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 16.7% during the 2nd quarter. Sloy Dahl & Holst LLC now owns 1,397,733 shares of the company’s stock valued at $16,507,000 after buying an additional 200,029 shares during the period. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 72.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 430,252 shares of the company’s stock valued at $5,081,000 after acquiring an additional 180,551 shares in the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile

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