Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) rose 8.3% during trading on Thursday . The company traded as high as $10.91 and last traded at $10.93. Approximately 121,051,225 shares traded hands during mid-day 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 Up 2.2%
The business has a 50-day moving average of $12.73 and a 200 day moving average of $15.30. The firm has a market capitalization of $6.48 billion, a PE ratio of 88.55 and a beta of -5.14.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a $0.0896 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend was Tuesday, June 24th. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.
Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Fortis Capital Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $262,000. Simplify Asset Management Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $5,014,000. Simplex Trading LLC increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% during the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock valued at $12,805,000 after purchasing an additional 324,332 shares during the last quarter. Aire Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $241,000. Finally, Bank of Montreal Can purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $92,000.
About Direxion Daily TSLA Bull 2X Shares
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