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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down - Time to Sell?

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $12.27, but opened at $11.98. Direxion Daily TSLA Bull 2X Shares shares last traded at $12.04, with a volume of 29,383,859 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.5%

The firm has a market cap of $5.60 billion, a PE ratio of 88.55 and a beta of -5.14. The company's 50-day moving average is $12.65 and its 200 day moving average is $16.60.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were issued a dividend of $0.0896 per share. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 3.14%. The ex-dividend date was Tuesday, June 24th.

Institutional Inflows and Outflows

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

Direxion Daily TSLA Bull 2X Shares Company Profile

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