Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 10% – Here’s What Happened

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shot up 10% during trading on Wednesday . The company traded as high as $28.88 and last traded at $28.72. 23,846,147 shares were traded during trading, a decline of 64% from the average session volume of 65,653,930 shares. The stock had previously closed at $26.10.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market capitalization of $5.09 billion, a PE ratio of 40.38 and a beta of -5.14. The stock’s 50 day moving average is $26.47 and its 200 day moving average is $16.64.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several institutional investors and hedge funds have recently bought and sold shares of TSLL. AE Wealth Management LLC lifted its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% in the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after purchasing an additional 2,000 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $366,000. Scientech Research LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $869,000. B. Riley Wealth Advisors Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $213,000. Finally, TB Alternative Assets Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $2,794,000.

Direxion Daily TSLA Bull 2X Shares Company Profile