Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) were down 3.4% on Tuesday . The company traded as low as $13.86 and last traded at $13.90. Approximately 93,376,728 shares were traded during trading, a decline of 17% from the average daily volume of 112,323,240 shares. The stock had previously closed at $14.39.
Direxion Daily TSLA Bull 2X Shares Price Performance
The stock has a 50-day moving average price of $12.14 and a 200-day moving average price of $17.27. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of 88.55 and a beta of 2.86.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th will be issued 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. This represents a $0.36 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Tuesday, June 24th.
Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sloy Dahl & Holst LLC boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 1,301.8% in the first quarter. Sloy Dahl & Holst LLC now owns 1,197,704 shares of the company's stock worth $11,402,000 after acquiring an additional 1,112,265 shares in the last quarter. Simplex Trading LLC lifted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% in the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company's stock worth $12,805,000 after purchasing an additional 324,332 shares in the last quarter. Virtu Financial LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $4,375,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $3,067,000. Finally, Barclays PLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $7,433,000.
About Direxion Daily TSLA Bull 2X Shares
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