Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase - Time to Buy?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 110,696,810 shares traded hands during mid-day trading, a decline of 4% from the previous session's volume of 115,004,267 shares.The stock last traded at $10.83 and had previously closed at $11.81.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market cap of $5.17 billion, a PE ratio of 88.55 and a beta of -5.14. The company's 50 day simple moving average is $12.52 and its two-hundred day simple moving average is $16.68.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th will be given a dividend of $0.0896 per share. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.40%. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Scientech Research LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth $2,211,000. NewEdge Advisors LLC boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 255.7% during the 1st quarter. NewEdge Advisors LLC now owns 38,240 shares of the company's stock valued at $364,000 after acquiring an additional 27,490 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $25,000. Delta Investment Management LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $190,000. Finally, CreativeOne Wealth LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $523,000.

About Direxion Daily TSLA Bull 2X Shares

(Get Free Report)

See Also

Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?

Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.

While Direxion Daily TSLA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in July 2025
3 Defense Stocks Under $10 With Massive Upside
NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines