Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $7.54, but opened at $8.30. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.32, with a volume of 47,126,825 shares trading hands.
Direxion Daily TSLA Bull 2X Shares Price Performance
The stock has a market cap of $4.32 billion, a P/E ratio of 47.43 and a beta of -5.14. The company has a 50 day simple moving average of $12.70 and a 200-day simple moving average of $18.58.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company 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. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 annualized dividend and a yield of 4.02%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
Institutional Trading of Direxion Daily TSLA Bull 2X Shares
Institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 1,723.8% in the 1st quarter. Parallel Advisors LLC now owns 7,295 shares of the company's stock valued at $69,000 after acquiring an additional 6,895 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth approximately $551,000. Bison Wealth LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $1,514,000. Optiver Holding B.V. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $240,000. Finally, Tower Research Capital LLC TRC boosted its position in Direxion Daily TSLA Bull 2X Shares by 13.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company's stock valued at $741,000 after buying an additional 3,294 shares during the period.
About Direxion Daily TSLA Bull 2X Shares
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