Direxion Daily TSLA Bull 2X Shares $TSLL Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC increased its position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) by 2,438.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,198,300 shares of the company’s stock after purchasing an additional 2,111,700 shares during the quarter. Renaissance Technologies LLC’s holdings in Direxion Daily TSLA Bull 2X Shares were worth $26,709,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. UBS Group AG increased its stake in Direxion Daily TSLA Bull 2X Shares by 9.0% during the third quarter. UBS Group AG now owns 7,933,334 shares of the company’s stock valued at $167,473,000 after purchasing an additional 654,265 shares during the last quarter. Sloy Dahl & Holst LLC lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 19.0% in the 4th quarter. Sloy Dahl & Holst LLC now owns 1,688,402 shares of the company’s stock worth $32,265,000 after buying an additional 269,324 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 1,541.0% in the 4th quarter. Bank of Montreal Can now owns 1,476,100 shares of the company’s stock valued at $28,208,000 after buying an additional 1,386,150 shares during the period. Virtu Financial LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,913,000. Finally, Mariner LLC boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 63.7% in the 4th quarter. Mariner LLC now owns 219,178 shares of the company’s stock valued at $4,188,000 after buying an additional 85,301 shares during the period.

Direxion Daily TSLA Bull 2X Shares Stock Down 5.7%

Shares of NASDAQ:TSLL opened at $6.74 on Thursday. The company has a market cap of $2.67 billion, a PE ratio of 88.55 and a beta of 2.70. Direxion Daily TSLA Bull 2X Shares has a fifty-two week low of $6.70 and a fifty-two week high of $23.74. The firm has a 50-day simple moving average of $12.69 and a 200 day simple moving average of $13.89.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.1049 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Tuesday, June 23rd.

About Direxion Daily TSLA Bull 2X Shares

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion.