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
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