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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Declares $0.09 Quarterly Dividend

Direxion Daily TSLA Bull 2X Shares logo with background

Key Points

  • Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) has declared a quarterly dividend of $0.09 per share, set to be paid on September 30th to shareholders of record as of September 23rd.
  • The stock experienced a slight decline, trading down 0.7% to $20.20, with a market capitalization of $10.86 billion.
  • Recent institutional activity saw significant increases in holdings, with Sloy Dahl & Holst LLC raising its stake by 1,301.8% in the first quarter and Simplex Trading LLC increasing its position by 199.8% in the second quarter.
  • Five stocks to consider instead of Direxion Daily TSLA Bull 2X Shares.

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) announced a quarterly dividend on Monday, September 22nd. Shareholders of record on Tuesday, September 23rd will be paid a dividend of 0.0893 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, September 23rd.

Direxion Daily TSLA Bull 2X Shares Stock Down 0.7%

Shares of TSLL stock traded down $0.15 during trading hours on Tuesday, reaching $20.20. The company's stock had a trading volume of 68,187,731 shares, compared to its average volume of 162,179,203. The firm's 50 day simple moving average is $13.18 and its 200-day simple moving average is $11.78. The company has a market capitalization of $10.86 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a fifty-two week low of $6.29 and a fifty-two week high of $41.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TSLL. Sloy Dahl & Holst LLC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 1,301.8% in the 1st quarter. Sloy Dahl & Holst LLC now owns 1,197,704 shares of the company's stock valued at $11,402,000 after acquiring an additional 1,112,265 shares during the last quarter. Simplex Trading LLC raised its position in Direxion Daily TSLA Bull 2X Shares by 199.8% during the 2nd quarter. Simplex Trading LLC now owns 816,632 shares of the company's stock worth $9,644,000 after purchasing an additional 544,253 shares during the last quarter. Virtu Financial LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $4,375,000. Flow Traders U.S. LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $3,067,000. Finally, Scientech Research LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $2,211,000.

About Direxion Daily TSLA Bull 2X Shares

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See Also

Dividend History for Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

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