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

Posted by Steve Fairfield on Apr 27th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares shot up 4.1% on Thursday . The company traded as high as $6.97 and last traded at $6.93. 11,799,228 shares changed hands 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 stock’s 50 day simple moving average is $8.04 and its two-hundred day simple moving average is $11.09. The stock has a market cap of $768.98 million, a price-to-earnings ratio of 36.80 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

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

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

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