Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 6.7%

Posted by Grant Hamersma on Aug 2nd, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s stock price were up 6.7% during mid-day trading on Wednesday . The stock traded as high as $11.73 and last traded at $11.61. Approximately 7,431,338 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 29,293,371 shares. The stock had previously closed at $10.88.

Direxion Daily TSLA Bull 2X Shares Stock Down 8.7 %

The company has a 50 day moving average of $10.38 and a two-hundred day moving average of $9.16. The firm has a market cap of $1.48 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a dividend of $0.0818 per share. The ex-dividend date of this dividend was Tuesday, June 25th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TSLL. Capital Investment Advisory Services LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $29,000. Clarity Capital Partners LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $1,058,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $144,000. Traynor Capital Management Inc. lifted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 22.6% during the first 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 last quarter. Finally, Sloy Dahl & Holst LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at $223,000.