Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Hits New 12-Month Low at $6.10

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $6.10 and last traded at $6.21, with a volume of 8320342 shares trading hands. The stock had previously closed at $6.75.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a 50-day simple moving average of $8.51 and a 200-day simple moving average of $11.54. The firm has a market cap of $647.09 million, a PE ratio of 36.80 and a beta of 3.04.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were issued a $0.0788 dividend. The ex-dividend date was Tuesday, March 19th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.05%.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of large investors have recently modified their holdings of the company. Traynor Capital Management Inc. boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 22.6% in the first quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock valued at $3,104,000 after purchasing an additional 70,574 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $144,000. Clarity Capital Partners LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $1,058,000. Tower Research Capital LLC TRC boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 771.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 30,517 shares of the company’s stock valued at $438,000 after purchasing an additional 27,014 shares during the period. Finally, Capital Investment Advisory Services LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $29,000.

About Direxion Daily TSLA Bull 2X Shares