Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Down 4.1% – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report)’s stock price were down 4.1% on Friday . The company traded as low as $19.30 and last traded at $19.40. Approximately 75,789,027 shares changed hands during trading, a decline of 53% from the average daily volume of 161,291,109 shares. The stock had previously closed at $20.22.

Direxion Daily TSLA Bull 2X Shares Trading Down 2.9%

The business’s 50-day moving average is $14.75 and its two-hundred day moving average is $12.52. The firm has a market cap of $7.45 billion, a P/E ratio of 88.55 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were given a dividend of $0.0893 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 23rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth about $25,000. Strategic Investment Solutions Inc. IL bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth about $33,000. Atticus Wealth Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth about $35,000. Headlands Technologies LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth about $52,000. Finally, SOA Wealth Advisors LLC. bought a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth about $85,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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