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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Key Points

  • Direxion Daily TSLA Bull 2X Shares stock price experienced a significant gap up, opening at $19.38 after closing at $17.03, with a last traded price of $19.03 and a trading volume of over 132 million shares.
  • The company announced an increase in its quarterly dividend to $0.0896 per share, up from $0.08, translating to an annual yield of 1.9%.
  • Several hedge funds have recently adjusted their positions in Direxion Daily TSLA Bull 2X Shares, including Captrust Financial Advisors, which increased its holdings by 27.7% in Q2.
  • Five stocks we like better than Direxion Daily TSLA Bull 2X Shares.

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $17.03, but opened at $19.38. Direxion Daily TSLA Bull 2X Shares shares last traded at $19.03, with a volume of 132,584,033 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Up 4.5%

The firm has a market cap of $10.55 billion, a P/E ratio of 88.55 and a beta of -5.14. The business has a 50-day moving average of $12.83 and a two-hundred day moving average of $11.65.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were issued a dividend of $0.0896 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 24th. 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

Several institutional investors have recently modified their holdings of the business. Beaird Harris Wealth Management LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $25,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $33,000. Atticus Wealth Management LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $35,000. Headlands Technologies LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $52,000. Finally, SOA Wealth Advisors LLC. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $85,000.

About Direxion Daily TSLA Bull 2X Shares

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