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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Strong Trading Volume - Here's Why

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw strong trading volume on Monday . 74,133,664 shares traded hands during mid-day trading, a decline of 12% from the previous session's volume of 83,946,675 shares.The stock last traded at $10.64 and had previously closed at $10.45.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company's 50 day simple moving average is $9.50 and its 200 day simple moving average is $18.23. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 48.19 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. Stockholders of record on Tuesday, March 25th were paid a $0.0845 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Tuesday, March 25th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

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

Several large investors have recently bought and sold shares of the business. Sanctuary Advisors LLC raised its stake in Direxion Daily TSLA Bull 2X Shares by 13.7% during the 4th quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company's stock worth $327,000 after acquiring an additional 1,505 shares in the last quarter. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $50,000. TRUE Private Wealth Advisors increased its stake in Direxion Daily TSLA Bull 2X Shares by 5.9% in the 4th quarter. TRUE Private Wealth Advisors now owns 48,775 shares of the company's stock valued at $1,343,000 after buying an additional 2,729 shares during the period. Tower Research Capital LLC TRC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 13.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company's stock worth $741,000 after purchasing an additional 3,294 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at approximately $92,000.

About Direxion Daily TSLA Bull 2X Shares

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