Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Down 4.2%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price were down 4.2% on Wednesday . The stock traded as low as $8.85 and last traded at $8.90. Approximately 9,638,958 shares were traded during trading, a decline of 68% from the average daily volume of 30,144,270 shares. The stock had previously closed at $9.29.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm’s 50 day moving average is $10.55 and its 200-day moving average is $9.01. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

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

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

A number of large investors have recently bought and sold shares of the business. Capital Investment Advisory Services LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $29,000. Headlands Technologies LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $54,000. Beacon Capital Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter worth $120,000. AE Wealth Management LLC lifted its holdings 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 valued at $133,000 after purchasing an additional 2,000 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $144,000.

About Direxion Daily TSLA Bull 2X Shares