Direxion Daily TSLA Bull 2X Shares Sees Unusually High Options Volume (NASDAQ:TSLL)

Posted by Editorial Team on Feb 27th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the target of unusually large options trading activity on Tuesday. Investors bought 118,897 call options on the stock. This is an increase of approximately 18% compared to the typical daily volume of 100,546 call options.

Direxion Daily TSLA Bull 2X Shares Stock Down 7.8 %

TSLL opened at $13.29 on Thursday. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $41.50. The company’s 50-day moving average price is $25.46 and its two-hundred day moving average price is $18.80. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 38.91 and a beta of 2.24.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Citigroup Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $51,145,000. Simplex Trading LLC increased its holdings in Direxion Daily TSLA Bull 2X Shares by 230.3% in the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company’s stock worth $12,805,000 after acquiring an additional 324,332 shares during the last quarter. Barclays PLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $7,433,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $5,752,000. Finally, Lauer Wealth LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at about $5,285,000.