Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down to $7.78

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $7.78, but opened at $7.24. Direxion Daily TSLA Bull 2X Shares shares last traded at $7.45, with a volume of 14,346,027 shares.

Direxion Daily TSLA Bull 2X Shares Stock Down 3.3 %

The stock has a market capitalization of $860.14 million, a P/E ratio of 40.38 and a beta of -5.14. The company has a fifty day simple moving average of $7.82 and a two-hundred day simple moving average of $10.70.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were issued a dividend of $0.0788 per share. This represents a $0.32 annualized dividend and a dividend yield of 4.19%. The ex-dividend date was Tuesday, March 19th.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of large investors have recently bought and sold shares of TSLL. Traynor Capital Management Inc. raised its stake in shares of 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 valued at $3,104,000 after purchasing an additional 70,574 shares during the period. Clarity Capital Partners LLC lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% in the first quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company’s stock worth $1,272,000 after purchasing an additional 83,110 shares in the last quarter. Simplex Trading LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 122.1% during the 3rd quarter. Simplex Trading LLC now owns 95,631 shares of the company’s stock worth $1,479,000 after buying an additional 52,579 shares during the last quarter. TRUE Private Wealth Advisors grew its stake in Direxion Daily TSLA Bull 2X Shares by 11.2% in the first quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock valued at $346,000 after purchasing an additional 4,315 shares in the last quarter. Finally, Smith Anglin Financial LLC raised its position in Direxion Daily TSLA Bull 2X Shares by 266.5% during the fourth quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock worth $570,000 after acquiring an additional 28,838 shares in the last quarter.

About Direxion Daily TSLA Bull 2X Shares