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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw unusually-high trading volume on Monday . Approximately 105,381,300 shares traded hands during mid-day trading, an increase of 34% from the previous session's volume of 78,646,144 shares.The stock last traded at $8.37 and had previously closed at $8.41.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a 50-day moving average of $11.41 and a two-hundred day moving average of $18.36. The company has a market capitalization of $4.03 billion, a PE ratio of 47.43 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.0845 per share. The ex-dividend date was Tuesday, March 25th. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.42%.

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

Several large investors have recently added to or reduced their stakes in the company. GEM Asset Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter worth $306,000. Dynamic Advisor Solutions LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $97,000. IMC Chicago LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $213,000. TB Alternative Assets Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $2,197,000. Finally, Parallel Advisors LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 1,723.8% in the first quarter. Parallel Advisors LLC now owns 7,295 shares of the company's stock worth $69,000 after acquiring an additional 6,895 shares during the period.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Further Reading

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