Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares saw an uptick in trading volume on Monday . 55,054,508 shares were traded during trading, a decline of 18% from the previous session’s volume of 67,401,957 shares.The stock last traded at $8.96 and had previously closed at $9.85.

Direxion Daily TSLA Bull 2X Shares Trading Up 7.2 %

The business’s fifty day simple moving average is $16.19 and its 200 day simple moving average is $18.90. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 47.43 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend was Tuesday, March 25th. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PayPay Securities Corp bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $50,000. Bank of Montreal Can bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $92,000. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $119,000. Sanctuary Advisors LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $152,000. Finally, Optiver Holding B.V. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $240,000.

Direxion Daily TSLA Bull 2X Shares Company Profile