Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares saw unusually-strong trading volume on Thursday . Approximately 18,213,776 shares were traded during mid-day trading, a decline of 58% from the previous session’s volume of 42,888,785 shares.The stock last traded at $35.17 and had previously closed at $36.42.

Direxion Daily TSLA Bull 2X Shares Price Performance

The business’s fifty day simple moving average is $21.35 and its two-hundred day simple moving average is $14.48. The company has a market cap of $6.80 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a dividend of $0.1399 per share. The ex-dividend date is Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at $119,000. AE Wealth Management LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% in the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock valued at $133,000 after purchasing an additional 2,000 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $152,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $213,000. Finally, Garden State Investment Advisory Services LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at about $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile