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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Down 3.4% - Here's What Happened

Direxion Daily TSLA Bull 2X Shares logo with background

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) traded down 3.4% during trading on Tuesday . The stock traded as low as $13.86 and last traded at $13.90. 93,376,728 shares changed hands during trading, a decline of 17% from the average session 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 market capitalization of $6.01 billion, a PE ratio of 88.55 and a beta of -5.14. The firm's 50 day simple moving average is $12.33 and its 200 day simple moving average is $17.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th will be given a $0.0896 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

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

About Direxion Daily TSLA Bull 2X Shares

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