Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up to $5.39

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped up before the market opened on Wednesday . The stock had previously closed at $5.39, but opened at $6.74. Direxion Daily TSLA Bull 2X Shares shares last traded at $6.98, with a volume of 18,309,242 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The stock has a market cap of $789.42 million, a PE ratio of 36.80 and a beta of -5.14. The firm has a fifty day moving average price of $8.10 and a 200 day moving average price of $11.15.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were paid a $0.0788 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.32 dividend on an annualized basis and a yield of 4.30%.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors raised its stake in Direxion Daily TSLA Bull 2X Shares by 11.2% in the 1st quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock worth $346,000 after acquiring an additional 4,315 shares during the last quarter. Sloy Dahl & Holst LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $223,000. Traynor Capital Management Inc. raised its stake in Direxion Daily TSLA Bull 2X Shares by 22.6% in the 1st quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock worth $3,104,000 after acquiring an additional 70,574 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $144,000. Finally, Clarity Capital Partners LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $1,058,000.

Direxion Daily TSLA Bull 2X Shares Company Profile