Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Here’s What Happened

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $14.74, but opened at $15.25. Direxion Daily TSLA Bull 2X Shares shares last traded at $15.03, with a volume of 52,808,168 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm has a fifty day moving average of $9.84 and a two-hundred day moving average of $18.44. The stock has a market capitalization of $7.47 billion, a P/E ratio of 60.69 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.0845 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 annualized dividend and a dividend yield of 2.22%. This is a positive change 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

A number of hedge funds and other institutional investors have recently modified their holdings of TSLL. Scientech Research LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the first quarter worth approximately $2,211,000. NewEdge Advisors LLC increased its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 255.7% in the 1st quarter. NewEdge Advisors LLC now owns 38,240 shares of the company’s stock valued at $364,000 after acquiring an additional 27,490 shares during the period. Beaird Harris Wealth Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $25,000. Delta Investment Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $190,000. Finally, CreativeOne Wealth LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $523,000.

About Direxion Daily TSLA Bull 2X Shares

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