Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) shot up 5.3% during trading on Wednesday . The company traded as high as $11.66 and last traded at $11.65. 48,361,281 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 117,787,157 shares. The stock had previously closed at $11.07.
Direxion Daily TSLA Bull 2X Shares Price Performance
The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. The business's 50 day simple moving average is $12.88 and its 200 day simple moving average is $14.74.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.0896 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.89%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 24th.
Institutional Trading of Direxion Daily TSLA Bull 2X Shares
Several large investors have recently modified their holdings of the business. Sloy Dahl & Holst LLC lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 1,301.8% during the first quarter. Sloy Dahl & Holst LLC now owns 1,197,704 shares of the company's stock valued at $11,402,000 after buying an additional 1,112,265 shares during the period. Virtu Financial LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $4,375,000. Simplex Trading LLC raised its stake in Direxion Daily TSLA Bull 2X Shares by 230.3% during the fourth 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 during the period. Flow Traders U.S. LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $3,067,000. Finally, Barclays PLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $7,433,000.
About Direxion Daily TSLA Bull 2X Shares
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