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

Posted by Trent Williams on Apr 3rd, 2025

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $9.52, but opened at $9.86. Direxion Daily TSLA Bull 2X Shares shares last traded at $9.95, with a volume of 65,445,001 shares.

Direxion Daily TSLA Bull 2X Shares Trading Up 10.4 %

The company’s 50-day moving average is $15.85 and its 200 day moving average is $18.85. The stock has a market capitalization of $4.89 billion, a PE ratio of 47.43 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.0845 per share. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 3.00%. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TSLL. Simplify Asset Management Inc. purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $5,014,000. SG Americas Securities LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $916,000. Sloy Dahl & Holst LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $2,352,000. JPMorgan Chase & Co. grew its position in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock worth $2,192,000 after acquiring an additional 113,068 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $5,752,000.