Free Trial

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 stock price gapped down prior to trading on Thursday . The stock had previously closed at $12.66, but opened at $10.93. Direxion Daily TSLA Bull 2X Shares shares last traded at $10.37, with a volume of 169,924,190 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Up 6.0%

The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. The firm's 50 day simple moving average is $12.61 and its 200-day simple moving average is $14.06.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were paid a $0.0896 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.00%. The ex-dividend date was Tuesday, June 24th. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Several hedge funds have recently modified their holdings of the business. Sloy Dahl & Holst LLC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 1,301.8% in the first quarter. Sloy Dahl & Holst LLC now owns 1,197,704 shares of the company's stock valued at $11,402,000 after buying an additional 1,112,265 shares during the period. Virtu Financial LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $4,375,000. Flow Traders U.S. LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $3,067,000. Barclays PLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $7,433,000. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 19.5% in the first quarter. SBI Securities Co. Ltd. now owns 249,701 shares of the company's stock valued at $2,377,000 after buying an additional 40,773 shares during the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Further Reading

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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

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

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines