Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Down 6.3%

Posted by Grant Hamersma on Sep 13th, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) dropped 6.3% during trading on Wednesday . The stock traded as low as $9.80 and last traded at $9.89. Approximately 20,758,090 shares were traded during trading, a decline of 35% from the average daily volume of 31,722,652 shares. The stock had previously closed at $10.55.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock’s 50 day simple moving average is $11.00 and its two-hundred day simple moving average is $9.08. The stock has a market cap of $1.72 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were given a $0.0818 dividend. 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 the stock. Clarity Capital Partners LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $1,058,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $144,000. Traynor Capital Management Inc. lifted its stake in 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 last quarter. Sloy Dahl & Holst LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $223,000. Finally, TRUE Private Wealth Advisors lifted its position in Direxion Daily TSLA Bull 2X Shares by 11.2% during the first quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock worth $346,000 after acquiring an additional 4,315 shares during the last quarter.