Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Down 5%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price were down 5% during mid-day trading on Tuesday . The stock traded as low as $7.92 and last traded at $8.01. Approximately 6,396,474 shares were traded during trading, a decline of 66% from the average daily volume of 18,959,420 shares. The stock had previously closed at $8.43.

Direxion Daily TSLA Bull 2X Shares Stock Down 3.3 %

The firm’s fifty day moving average price is $7.70 and its 200 day moving average price is $10.65. The stock has a market cap of $831.54 million, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were paid a $0.0788 dividend. This represents a $0.32 annualized dividend and a yield of 4.34%. The ex-dividend date of this dividend was Tuesday, March 19th.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently made changes to their positions in TSLL. Capital Investment Advisory Services LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $29,000. TRUE Private Wealth Advisors grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 10.2% in the third quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock valued at $593,000 after purchasing an additional 3,563 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at $54,000. B. Riley Wealth Advisors Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $144,000. Finally, Bison Wealth LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at $232,000.

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