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

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $9.81, but opened at $10.77. Direxion Daily TSLA Bull 2X Shares shares last traded at $10.65, with a volume of 121,093,388 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Up 10.7%

The firm has a market capitalization of $4.60 billion, a P/E ratio of 88.55 and a beta of 2.86. The business's fifty day moving average is $11.17 and its 200 day moving average is $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. Stockholders of record on Tuesday, March 25th were given a $0.0845 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.11%. 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.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several institutional investors have recently made changes to their positions in TSLL. Sanctuary Advisors LLC increased its holdings in Direxion Daily TSLA Bull 2X Shares by 13.7% in the fourth quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company's stock worth $327,000 after buying an additional 1,505 shares during the last quarter. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $50,000. Beaird Harris Wealth Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $25,000. TRUE Private Wealth Advisors raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 5.9% during the 4th quarter. TRUE Private Wealth Advisors now owns 48,775 shares of the company's stock valued at $1,343,000 after purchasing an additional 2,729 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company's stock valued at $741,000 after purchasing an additional 3,294 shares during the last quarter.

About Direxion Daily TSLA Bull 2X Shares

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