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

Posted by Donna Armstrong on Sep 4th, 2026

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $10.38, but opened at $9.59. Direxion Daily TSLA Bull 2X Shares shares last traded at $9.2650, with a volume of 28,314,600 shares traded.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a fifty day simple moving average of $9.97 and a two-hundred day simple moving average of $12.35. The company has a market capitalization of $3.91 billion, a P/E ratio of 88.55 and a beta of 2.83.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Anfield Capital Management LLC lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 100.0% in the 4th quarter. Anfield Capital Management LLC now owns 2,000 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the last quarter. BOKF NA bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $46,000. Summit Securities Group LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $36,000. Bessemer Group Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter worth $48,000. Finally, Federation des caisses Desjardins du Quebec lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 232.8% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,825 shares of the company’s stock worth $92,000 after buying an additional 3,375 shares during the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

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.