Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Hits New 52-Week High – Time to Buy?

Posted by Denise Davis on Dec 21st, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $41.50 and last traded at $33.55, with a volume of 113531672 shares. The stock had previously closed at $40.09.

Direxion Daily TSLA Bull 2X Shares Trading Down 7.1 %

The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The company has a fifty day moving average price of $19.83 and a 200-day moving average price of $13.87.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were paid a $0.3004 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous dividend of $0.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TSLL. Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $152,000. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $119,000. TRUE Private Wealth Advisors boosted its position in Direxion Daily TSLA Bull 2X Shares by 5.0% during the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after purchasing an additional 2,204 shares during the period. Captrust Financial Advisors grew its holdings in Direxion Daily TSLA Bull 2X Shares by 7.3% during the third 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 last quarter. Finally, Citigroup Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $51,145,000.