Free Trial

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 8.8% - Here's Why

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s share price shot up 8.8% during mid-day trading on Monday . The company traded as high as $11.20 and last traded at $11.43. 200,876,913 shares were traded during mid-day trading, an increase of 89% from the average session volume of 106,142,919 shares. The stock had previously closed at $10.50.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock's 50-day moving average price is $11.33 and its 200-day moving average price is $17.89. The company has a market cap of $5.98 billion, a P/E ratio of 88.55 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend was Tuesday, March 25th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of institutional investors have recently modified their holdings of TSLL. PayPay Securities Corp bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $50,000. Sanctuary Advisors LLC boosted its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.7% in the fourth quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company's stock valued at $327,000 after acquiring an additional 1,505 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $275,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $5,752,000. Finally, Chung Wu Investment Group LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $399,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

(Get Free Report)

Featured Articles

Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?

Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.

While Direxion Daily TSLA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025
3 Defense Stocks Under $10 With Massive Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines