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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 8.3% - Here's Why

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shares shot up 8.3% during trading on Thursday . The company traded as high as $10.91 and last traded at $10.93. 121,051,225 shares were traded during mid-day trading, a decline of 29% from the average session volume of 169,901,500 shares. The stock had previously closed at $10.09.

Direxion Daily TSLA Bull 2X Shares Stock Up 9.3%

The firm has a 50 day moving average price of $12.70 and a 200 day moving average price of $15.76. The stock has a market cap of $6.12 billion, a P/E ratio of 88.55 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were issued a $0.0896 dividend. This represents a $0.36 annualized dividend and a yield of 3.25%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, June 24th.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

Several large investors have recently added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter worth $25,000. Bank of Montreal Can bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $92,000. Strategic Investment Solutions Inc. IL purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth $33,000. Atticus Wealth Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $35,000. Finally, Headlands Technologies LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $52,000.

About Direxion Daily TSLA Bull 2X Shares

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