Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down to $7.78

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $7.78, but opened at $7.24. Direxion Daily TSLA Bull 2X Shares shares last traded at $7.45, with a volume of 14,346,027 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Down 3.3 %

The company has a 50 day moving average of $7.82 and a two-hundred day moving average of $10.70. The firm has a market cap of $860.14 million, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were given a dividend of $0.0788 per share. The ex-dividend date was Tuesday, March 19th. This represents a $0.32 annualized dividend and a dividend yield of 4.19%.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in TSLL. Capital Investment Advisory Services LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth approximately $29,000. TRUE Private Wealth Advisors raised its position in shares of 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 purchasing an additional 3,563 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at $54,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $144,000. Finally, Bison Wealth LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at $232,000.

About Direxion Daily TSLA Bull 2X Shares