Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume

Posted by Amy Steele on Apr 29th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares saw strong trading volume on Monday . 26,788,320 shares were traded during mid-day trading, an increase of 51% from the previous session’s volume of 17,747,797 shares.The stock last traded at $8.66 and had previously closed at $7.15.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market cap of $1.07 billion, a price-to-earnings ratio of 36.80 and a beta of -5.14. The firm’s 50 day simple moving average is $8.04 and its 200-day simple moving average is $11.01.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were paid a $0.0788 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.32 annualized dividend and a yield of 3.39%.

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

Several large investors have recently bought and sold shares of the stock. First City Capital Management Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $1,053,000. Simplex Trading LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 122.1% during the third quarter. Simplex Trading LLC now owns 95,631 shares of the company’s stock worth $1,479,000 after buying an additional 52,579 shares during the period. TRUE Private Wealth Advisors raised its holdings in Direxion Daily TSLA Bull 2X Shares by 10.2% during the third quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock worth $593,000 after purchasing an additional 3,563 shares in the last quarter. Bison Wealth LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $232,000. Finally, Smith Anglin Financial LLC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 266.5% during the fourth quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock worth $570,000 after purchasing an additional 28,838 shares in the last quarter.