Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 4.1% Higher

Posted by MarketBeat News on Apr 27th, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) traded up 4.1% during mid-day trading on Thursday . The stock traded as high as $6.97 and last traded at $6.93. 11,799,228 shares were traded during trading, a decline of 32% from the average session volume of 17,292,160 shares. The stock had previously closed at $6.66.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market capitalization of $768.98 million, a PE ratio of 36.80 and a beta of -5.14. The company’s fifty day moving average is $8.04 and its 200-day moving average is $11.09.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were issued a dividend of $0.0788 per share. This represents a $0.32 annualized dividend and a yield of 4.41%. The ex-dividend date of this dividend was Tuesday, March 19th.

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

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Several institutional investors and hedge funds have recently bought and sold shares of TSLL. First City Capital Management Inc. purchased a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $1,053,000. Simplex Trading LLC grew its holdings in Direxion Daily TSLA Bull 2X Shares by 122.1% in the third quarter. Simplex Trading LLC now owns 95,631 shares of the company’s stock worth $1,479,000 after purchasing an additional 52,579 shares during the last quarter. TRUE Private Wealth Advisors grew its holdings in Direxion Daily TSLA Bull 2X Shares by 10.2% in the third quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock worth $593,000 after purchasing an additional 3,563 shares during the last quarter. Bison Wealth LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $232,000. Finally, Smith Anglin Financial LLC grew its holdings in Direxion Daily TSLA Bull 2X Shares by 266.5% in the fourth quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock worth $570,000 after purchasing an additional 28,838 shares during the last quarter.