Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – What’s Next?

Posted by Grant Hamersma on Jan 16th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $27.00, but opened at $28.51. Direxion Daily TSLA Bull 2X Shares shares last traded at $29.16, with a volume of 20,451,741 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm’s 50-day moving average price is $26.23 and its two-hundred day moving average price is $16.56. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several institutional investors have recently made changes to their positions in TSLL. AE Wealth Management LLC lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd 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 during the last quarter. TRUE Private Wealth Advisors raised its stake in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% during the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after buying an additional 2,204 shares during the last quarter. Captrust Financial Advisors grew its holdings in Direxion Daily TSLA Bull 2X Shares by 7.3% during the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after purchasing an additional 3,246 shares during the period. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $119,000. Finally, Sanctuary Advisors LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $152,000.