Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Time to Sell?

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped down prior to trading on Wednesday . The stock had previously closed at $29.53, but opened at $28.55. Direxion Daily TSLA Bull 2X Shares shares last traded at $28.71, with a volume of 13,322,397 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.4 %

The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The firm’s 50-day moving average price is $27.20 and its 200 day moving average price is $17.13.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of large investors have recently modified their holdings of the business. AE Wealth Management LLC lifted its position in shares of 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 worth $133,000 after buying an additional 2,000 shares during the last quarter. TRUE Private Wealth Advisors lifted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% in the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after acquiring an additional 2,204 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd 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 in the last quarter. Morse Asset Management Inc bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $119,000. Finally, Sanctuary Advisors LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $152,000.

About Direxion Daily TSLA Bull 2X Shares