Direxion Daily TSLA Bull 2X Shares Target of Unusually Large Options Trading (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) was the recipient of unusually large options trading on Thursday. Stock investors acquired 52,980 call options on the company. This represents an increase of 134% compared to the typical volume of 22,657 call options.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of NASDAQ TSLL opened at $9.20 on Friday. The stock has a market capitalization of $1.05 billion, a P/E ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $4.94 and a 1-year high of $21.09. The business has a fifty day moving average price of $7.71 and a 200 day moving average price of $9.33.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th will be given a dividend of $0.0818 per share. The ex-dividend date is Tuesday, June 25th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TSLL. Capital Investment Advisory Services LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $29,000. Headlands Technologies LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $54,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $144,000. Sloy Dahl & Holst LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $223,000. Finally, TRUE Private Wealth Advisors increased its holdings in shares of 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 during the period.

Direxion Daily TSLA Bull 2X Shares Company Profile