Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down to $9.36

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped down prior to trading on Tuesday . The stock had previously closed at $9.36, but opened at $8.68. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.70, with a volume of 15,461,780 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Down 10.0 %

The firm’s 50 day moving average is $8.02 and its two-hundred day moving average is $10.96. The stock has a market cap of $963.25 million, a price-to-earnings ratio of 36.80 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were issued a $0.0788 dividend. This represents a $0.32 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Tuesday, March 19th.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Traynor Capital Management Inc. grew its holdings 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 buying an additional 70,574 shares during the period. Simplex Trading LLC grew its holdings in Direxion Daily TSLA Bull 2X Shares by 122.1% in the 3rd quarter. Simplex Trading LLC now owns 95,631 shares of the company’s stock valued at $1,479,000 after buying an additional 52,579 shares during the period. Clarity Capital Partners LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $1,058,000. First City Capital Management Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $1,053,000. Finally, TRUE Private Wealth Advisors grew its holdings in Direxion Daily TSLA Bull 2X Shares by 11.2% in the 1st quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock valued at $346,000 after buying an additional 4,315 shares during the period.

Direxion Daily TSLA Bull 2X Shares Company Profile