Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) were up 8.3% on Thursday . The company traded as high as $10.91 and last traded at $10.93. Approximately 121,051,225 shares were traded during trading, a decline of 29% from the average daily volume of 169,901,500 shares. The stock had previously closed at $10.09.
Direxion Daily TSLA Bull 2X Shares Trading Down 1.7%
The stock has a fifty day moving average of $12.72 and a two-hundred day moving average of $15.62. The stock has a market capitalization of $6.02 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14.
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 given a dividend of $0.0896 per share. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 24th. This represents a $0.36 annualized dividend and a yield of 3.30%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Simplify Asset Management Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $5,014,000. GEM Asset Management LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $306,000. Clarity Capital Partners LLC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 21.7% during the first quarter. Clarity Capital Partners LLC now owns 144,955 shares of the company's stock valued at $1,380,000 after acquiring an additional 25,867 shares during the period. Barclays PLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $7,433,000. Finally, Bank of Montreal Can acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $92,000.
Direxion Daily TSLA Bull 2X Shares Company Profile
(
Get Free Report)
Recommended Stories
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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
