Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Down 7.4% – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares were down 7.4% during trading on Tuesday . The company traded as low as $18.58 and last traded at $18.41. Approximately 34,027,935 shares changed hands during trading, a decline of 46% from the average daily volume of 62,644,105 shares. The stock had previously closed at $19.87.

Direxion Daily TSLA Bull 2X Shares Trading Down 9.6 %

The business’s fifty day simple moving average is $28.23 and its 200 day simple moving average is $18.14. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

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

Several institutional investors and hedge funds have recently made changes to their positions in TSLL. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $50,000. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $119,000. Sanctuary Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $152,000. Global Retirement Partners LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at approximately $275,000. Finally, Client First Investment Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $327,000.

Direxion Daily TSLA Bull 2X Shares Company Profile