Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 7%

Posted by Don Miller on Aug 15th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) rose 7% during mid-day trading on Tuesday . The company traded as high as $9.11 and last traded at $8.99. Approximately 17,471,846 shares traded hands during trading, a decline of 42% from the average daily volume of 30,097,549 shares. The stock had previously closed at $8.40.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company’s 50 day moving average price is $10.58 and its 200 day moving average price is $9.01. The company has a market cap of $1.54 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 declared 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 was Tuesday, June 25th.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several hedge funds have recently modified their holdings of TSLL. Traynor Capital Management Inc. increased its holdings in Direxion Daily TSLA Bull 2X Shares by 14.4% during the 2nd quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company’s stock valued at $4,028,000 after purchasing an additional 55,194 shares in the last quarter. Clarity Capital Partners LLC raised its holdings 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 valued at $1,272,000 after buying an additional 83,110 shares during the last quarter. Scientech Research LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $869,000. Virtu Financial LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth about $522,000. Finally, TRUE Private Wealth Advisors increased its position in Direxion Daily TSLA Bull 2X Shares by 2.7% in the 2nd quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company’s stock valued at $403,000 after acquiring an additional 1,142 shares in the last quarter.