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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down - What's Next?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $13.72, but opened at $12.92. Direxion Daily TSLA Bull 2X Shares shares last traded at $12.33, with a volume of 84,312,812 shares.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. The business has a 50 day moving average of $11.17 and a 200 day moving average of $18.15.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 3.22%. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Beaird Harris Wealth Management LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $25,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $33,000. Atticus Wealth Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $35,000. PayPay Securities Corp bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $50,000. Finally, Headlands Technologies LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $52,000.

About Direxion Daily TSLA Bull 2X Shares

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