Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Should You Buy?

Posted by Eileen French on Nov 15th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $19.71, but opened at $20.61. Direxion Daily TSLA Bull 2X Shares shares last traded at $20.94, with a volume of 27,176,162 shares.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock has a market capitalization of $3.38 billion, a PE ratio of 40.38 and a beta of -5.14. The business has a 50 day moving average price of $12.32 and a 200 day moving average price of $10.55.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.0803 per share. The ex-dividend date was Tuesday, September 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.32 annualized dividend and a dividend yield of 1.82%.

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

Several institutional investors have recently modified their holdings of the business. TRUE Private Wealth Advisors boosted its position 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 valued at $636,000 after buying an additional 2,204 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of 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 buying an additional 3,246 shares during the last quarter. Citigroup Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $51,145,000. TB Alternative Assets Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $2,794,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter valued at $213,000.