Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 6.9% – Here’s Why

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares rose 6.9% on Friday . The stock traded as high as $21.32 and last traded at $21.30. Approximately 21,498,775 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 41,140,621 shares. The stock had previously closed at $19.92.

Direxion Daily TSLA Bull 2X Shares Stock Up 7.2 %

The company’s fifty day simple moving average is $14.46 and its two-hundred day simple moving average is $11.47. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were given a dividend of $0.0803 per share. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 annualized dividend and a dividend yield of 1.50%.

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

Large investors have recently made changes to their positions in the stock. TRUE Private Wealth Advisors grew its position in Direxion Daily TSLA Bull 2X Shares by 2.7% in the second quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company’s stock valued at $403,000 after purchasing an additional 1,142 shares in the last quarter. AE Wealth Management LLC boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after buying an additional 2,000 shares during the period. Captrust Financial Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after purchasing an additional 3,246 shares during the period. Morse Asset Management Inc bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $119,000. Finally, Sanctuary Advisors LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $152,000.

Direxion Daily TSLA Bull 2X Shares Company Profile