Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $27.53, but opened at $25.70. Direxion Daily TSLA Bull 2X Shares shares last traded at $25.07, with a volume of 43,629,021 shares.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The business’s 50 day moving average price is $23.43 and its 200 day moving average price is $15.28. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morse Asset Management Inc purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $119,000. AE Wealth Management LLC boosted its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% during the second 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 last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth $152,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $213,000. Finally, Garden State Investment Advisory Services LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter valued at about $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile